Solved

The Reason Marginal Cost Is Equal to the Change in Total

Question 180

Multiple Choice

The reason marginal cost is equal to the change in total cost divided by the change in output,or the change in total variable cost divided by the change in output,is because


A) total variable cost rises as output rises.
B) of the law of diminishing marginal returns.
C) total fixed cost does not change as output changes.
D) total cost does not change as output changes.
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents