Quantity TC MC 10 10,000 X 20 25,000 The table above shows a firm's total cost and marginal cost for a range of output. What is X equal to?
a. 1500
b. 1000
c. 35,000
d. 1750
e. 15,000
a. 1500
MC: ?TC/ ?Q
MC: (25,000 - 10,000) / (20 - 10) = 1500
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