The change in total cost from producing another unit of output equals the
A) average total cost.
B) variable cost.
C) average variable cost.
D) marginal cost.

Name: The change in total cost from producing another unit of output equals the A) average total cost. B) variable cost. C) average variable cost. D) marginal cost.
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Question

Quizplus · Accepted Answer

The change in total cost from producing an additional unit of output is defined as the marginal cost.

The Change in Total Cost from Producing Another Unit of Output