Bruno’s Gelato Café has a fixed cost of $100. The variable cost of producing 10 gelatos is $20, and the variable cost of producing 11 gelatos is $22. What is the total cost and marginal cost of producing 11 gelatos?

Respuesta :

Answer:

TC = $122, MC = $22

Explanation:

Total cost = Fixed cost + Variable cost

Total cost of producing 11 gelatos

$100 + $22 = $122

Marginal cost of producing 11 gelatos

MC = Change on total cost / change in quantity

=[tex] \frac{122 - 100}{11 - 10} [/tex]

= $22/1

MC = $22