Question

When a bus with a seating capacity of 50 passengers is carrying on 40 passengers. The cost of passenger is ticket is Rs 100. What would be the Marginal Cost of carrying one additional passenger? a) Rs 100 b) Rs 4,100 c) zero d) Rs 4000​

Answer 1

Answer:

Zero

Explanation: Marginal cost is the additional cost required to generate one unit of output. In this case there is no extra cost involved to carry an extra passenger