# Struggling in econ

1. Jun 9, 2004

### cowgiljl

Suppose a firm in a perfectly competive industry is producing a output of 10 units. The firms total revenue at this output is $80 and its total cost is$30. The firms marginal cost associated with the 11 unit of a output is $12. What can i say about an increase in production should it produce 11 unit or no this is what i have output TC MC 10$30 $3 per unit 11$42 $12 per unit profit is$50

@10 units = 30/10 = $3 @11 unit = 42/11 =$3.80

it should not increase production because the cost more per unit to make