Marginal cost is equal to:
A) Total cost divided by output.
B) The change in total cost divided by the change in output.
C) The change in total cost divided by the change in price.
D) Total cost divided by total revenue.
Correct Answer:
Verified
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Q57: The short-run supply decision focuses on:
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Q60: Rising marginal costs are the result of:
A)
Q61: Which of the following definitions is correct?
A)
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