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.
Correct Answer:
Verified
Q29: A firm will begin to experience diminishing
Q70: The law of diminishing returns applies in
A)
Q71: At Fresh Hot Bakery,the average cost of
Q73: As output increases,it is always true that
A)
Q74: Marginal costs typically
A) increase as output increases.
B)
Q76: Q77: As output increases,total cost also increases.Therefore, Q78: Tom's Landscaping Service has only one variable Q79: Q80: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
A) marginal![]()
![]()