The accompanying table shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15. Number of Car Washes Per Month Total Monthly Benefit from Car Washes 0 1 2 3 4 5 $0 20 36 48 56 60 What is the marginal cost of the 3rd car wash each month? Select one: Oa. $16 O b. $48 O c. $12 O d. $4
The accompanying table shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15. Number of Car Washes Per Month Total Monthly Benefit from Car Washes 0 1 2 3 4 5 $0 20 36 48 56 60 What is the marginal cost of the 3rd car wash each month? Select one: Oa. $16 O b. $48 O c. $12 O d. $4
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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