…………cost is defined as the aggregate of variable costs or prime costs plus variable overheads.

Name: …………cost is defined as the aggregate of variable costs or prime costs plus variable overheads.
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Marginal cost is defined as the aggregate of variable costs or prime costs plus variable overheads. This includes all costs that vary with the level of production, distinguishing it from fixed costs, which remain constant regardless of production levels.

…………Cost Is Defined as the Aggregate of Variable Costs or Prime