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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Marginal cost is
A) the total cost of producing one unit of a good or service.
B) the average cost of producing a good or service.
C) the difference between the lowest price a firm would have been willing to accept and the price it actually receives.
D) the additional cost to a firm of producing one more unit of a good or service.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 251 times
1 Reply
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SydnieSydnie
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Posts: 3807
8 years ago
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