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.
Correct Answer:
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