The change in total cost resulting from a one-unit increase in production is called:
A) total fixed cost
B) average variable cost.
C) marginal cost.
D) external cost.
E) social cost.
Correct Answer:
Verified
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Q41: A difference between the long run and
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Q44: The table below shows the number of
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Q46: Fixed costs are costs:
A)that do not vary
Q47: The short run is:
A)a period in which
Q48: The figure below shows how the quantity
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