Marginal Cost May Be Defined as

question 174

Multiple Choice

Marginal cost may be defined as

• A)the change in average total cost that results from producing one more unit of output.
• B)the change in average variable cost that results from producing one more unit of output.
• C)the change in total cost that results from producing one more unit of output.
• D)the rate of change in total fixed cost that results from producing one more unit of output.

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Definitions:

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A set of criteria and standards typically used for assessing and grading assignments or performances across several dimensions.