Marginal Cost Can Be Calculated As

question 160

Multiple Choice

Marginal cost can be calculated as:

• A)∆TC/∆Q, where TC is total cost and Q is output.
• B)∆VC/∆Q, where VC is variable cost and Q is output.
• C)the slope of the total cost curve.
• D)∆TC/∆Q, where TC is total cost and Q is output; ∆VC/∆Q, where VC is variable cost and Q is output; and as the slope of the total cost curve.

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