SMC may be defined as the rate at which:
A)variable cost increases as output increases.
B)variable cost increases as more variable inputs are used.
C)TC increases as marginal increments in all inputs are used.
D)variable cost increases as the firm produces more products.

Question

Quizplus · Accepted Answer

The Answer of SMC may be defined as the rate at which:
A)variable cost increases as output increases.
B)variable cost increases as more variable inputs are used.
C)TC increases as marginal increments in all inputs are used.
D)variable cost increases as the firm produces more products.

SMC May Be Defined as the Rate at Which