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Loraine Loraine
wrote...
Posts: 4563
7 years ago
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: 7th
Authors:
Read 269 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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7 years ago
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7 years ago
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