Lincoln Electric used backloaded compensation

A farmer discovers that the total cost of growing 50 acres of eggplant is $50,000 and that the total cost of growing 51 acres of eggplant is $52,000. The marginal cost of the 51st acre of eggplant is

A) $52,000. B) $50,000. C) $2,000. D) $1,000.

At a Nash equilibrium, each player in a game is said to be doing as well as he can given the actions of his competitor

a. True b. False Indicate whether the statement is true or false