At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Fill in the blank question. Suppose a snowboard manufacturer increases its output by 1 snowboard per day. As a result, the total cost of producing snowboards each day rises from $100 to $110. The marginal cost of producing an extra snowboard is

Sagot :

The marginal cost of producing an extra snowboard for the snowboard manufacturer is $10.

What is marginal cost?

Marginal cost is the change in total costs that results when additional output is produced.

Marginal cost is the incremental cost that is experienced with a unit increase in output.

Thus, the marginal cost of producing an extra snowboard for the snowboard manufacturer is $10.

Learn more about marginal cost at https://brainly.com/question/11689872

#SPJ1