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Marginal cost is equal to
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Marginal cost is equal to
Marginal cost is equal to
A) the total cost of a firm's production.
B) total cost minus fixed cost.
C) a cost that is not related to the quantity produced.
D) the change in total cost that results from a one-unit increase in output.
E) the change in fixed cost that results from a one-unit increase in output.
Textbook
Essential Foundations of Economics
Edition:
7
th
Authors:
Bade, Parkin
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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