The cost of producing 4 units is $204.80. The cost of producing 8 units is $209.60. How much does it cost to produce 12 units?

⚑ Flag

Justen - The marginal cost of buying 4 additional units is $209.60 - $204.80 = $4.80. So, 4 additional units added to the current 8 would be $209.60 + $4.80. Hope that helps!