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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: The marginal cost of a good or service
Post by: Loraine on Jun 20, 2015
The marginal cost of a good or service
A) can be calculated from the marginal benefit of that good or service.
B) decreases as more of the good or service is produced.
C) can be derived from the production possibilities frontier.
D) graphs as a positively sloped curve, so it cannot be derived from the production possibilities frontier, which is downward sloping.
E) None of the above answers is correct.


Title: Re: The marginal cost of a good or service
Post by: Smoooth on Aug 10, 2015
Content hidden


Title: Re: The marginal cost of a good or service
Post by: Smoooth on Aug 31, 2015
You're welcome :-]