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WASSCE
The output and cost of production of rice (in bags) are presented in the table below. Use the information in the table to answer the questions that follows.
Calculate the marginal Cost (MC) at all levels of output
| Output of rice (in bags) | 0 | 1 | 2 | 3 | 4 |
| Total variable cost (TVC)$ | 0 | 5 | 7 | 10 | 20 |
| Total Cost (TC)$ | 7 | 12 | 14 | 17 | 27 |
Calculate the marginal Cost (MC) at all levels of output
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