Answer
The marginal cost of a house is \$10,000.
Work Step by Step
When the price increases enough to cover the marginal cost of providing one more good the supplier will increase the supply.
Microeconomics: Principles, Applications, and Tools (8th Edition)
by O'Sullivan, Arthur; Sheffrin, Steven; Perez, Stephen
Published by
Prentice Hall
ISBN 10:
0-13294-886-9
ISBN 13:
978-0-13294-886-9
Chapter 4 - Demand, Supply, and Market Equilibrium - Exercises - 4.2 The Supply Curve - Page 92: 2.7
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