the chart shows the marginal cost of producing apple pies. according to the chart, the marginal cost of…

the chart shows the marginal cost of producing apple pies. according to the chart, the marginal cost of producing the second pie is \nthe cost of pie production\npies produced per day total cost marginal cost\n0 pies $0.00 $0.00\n1 pie $1.00 $1.00\n2 pies $1.50 $0.50\n3 pies $1.75 $0.25\n4 pies $2.25 $0.50\n5 pies $3.50 $1.25\n6 pies $5.00 $1.50\n1.00\n.50\n.25\n1.25

the chart shows the marginal cost of producing apple pies. according to the chart, the marginal cost of producing the second pie is \nthe cost of pie production\npies produced per day total cost marginal cost\n0 pies $0.00 $0.00\n1 pie $1.00 $1.00\n2 pies $1.50 $0.50\n3 pies $1.75 $0.25\n4 pies $2.25 $0.50\n5 pies $3.50 $1.25\n6 pies $5.00 $1.50\n1.00\n.50\n.25\n1.25

Answer

Answer:

$.50$

Explanation:

Step1: Locate relevant row

Find row for 2 pies.

Step2: Identify marginal - cost value

Marginal cost for 2 pies is $$0.50$.