Marginal Cost Is Equal to

question 60

Multiple Choice

Marginal cost is equal to

• A)total cost divided by output.
• B)the increase in total cost divided by the increase in output.
• C)the increase in total cost divided by the increase in labour input,given the amount of capital.
• D)total variable cost minus total fixed cost.
• E)the increase in total cost divided by the increase in variable cost.

Learn the legal requirements and conditions for making an effective gift.

Grasp the methods and legal significance of establishing ownership rights in real and personal property.

Identify the conditions under which personal property may be converted into real property or vice versa.

Understand the definition and significance of bailment, including the Statute of Fraids' relevance to bailment agreements.

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Definitions:

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