What is the marginal cost of washing the 24th car?
Understand the Problem
The question is asking for the marginal cost, which refers to the additional cost incurred from producing one more unit of a good or service—in this case, washing the 24th car. To solve it, we would typically need information on the total cost of washing cars up to the 24th car and compare it with the total cost up to the 23rd car to find the difference.
Answer
$3.57
The final answer is $3.57
Answer for screen readers
The final answer is $3.57
More Information
Marginal cost is the cost of producing one more unit of a good, in this case, the additional cost to wash the 24th car over the cost of washing the 23rd car.
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