Economy, asked by nirmalsingh08082000, 9 months ago

What is the marginal cost, if the cost function given is C (Y)=6Y2 ?
a) y2
b) 3Y
C 6Y
d) 12Y

Answers

Answered by thezvezda1104

7

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Given the cost function C(Y) = 6Y2,

the marginal cost is 12Y.

Marginal cost is the additional cost incurred because of producing extra unit of output. Marginal cost is the slope of total cost function.

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