Marginal Cost Is Equal to

question 40

Multiple Choice

Marginal cost is equal to

• A) variable cost divided by output.
• B) output divided by variable cost.
• C) the change in output divided by the change in variable cost.
• D) the change in variable cost divided by the change in output.

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Definitions:

Ordinary Shareholders

Investors who own ordinary shares in a company, granting them rights to dividends and voting in company affairs.