Marginal Cost Is The

question 208

Multiple Choice

Marginal cost is the:

• A) increase in total cost when one more unit of output is produced.
• B) reduction in cost from economies of scale.
• C) ratio of average total cost to total cost.
• D) increase in output from the addition of one unit of labour.

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Definitions:

Stream

An abstraction for a sequence of data elements made available over time, often used for input/output operations in programming.

Ostream

An output stream in C++, associated with high-level output operations to a variety of destinations including files, devices, or consoles.

Fstream

A header file in C++ that provides facilities for file handling through streams for file input/output operations.

File Stream

An abstraction in programming that represents a sequence of data being read from or written to a file.