A college charges a basic fee of $100 per semester plus an additional fee of $50 per credit hour. You take 10 credit hours this semester. The marginal cost to you of the 10th credit hour this semester is:

The marginal cost of the 10th credit hour this semester is:

= $50

Explanation:

a) Data and Calculations:

Basic fee (Fixed cost) per semester = $100

Additional fee per credit hour = $50

Taking 10 credit hours will cost = $600 {$100 + ($50 * 10)}

b) Marginal cost is the differential change in the total cost that is incurred when the credit hours are increased by one credit hour by the student for this semester.  It is also equal to the $50 that the college charges per credit hour.

answer; im, thinking it should be (7yrs)///plz check first.good luck

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy