Marginal Cost Is Defined as the Change in ________ Cost

question 14

Multiple Choice

Marginal cost is defined as the change in ________ cost when output changes by one unit.In the short run,marginal cost can also be measured by the change in ________ cost when output changes by one unit.

• A)total; fixed
• B)variable; fixed
• C)fixed; variable
• D)total; variable

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Definitions:

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