Marginal cost is equal to
A) output divided by total cost.
B) the change in total cost divided by the change in output.
C) total cost divided by output.
D) the change in total cost divided by the change in total revenue.
Correct Answer:
Verified
Q130: Any method of producing a good or
Q131: Q132: Economies of scale refer to Q133: Economic depreciation is the Q134: A company could produce 100 units of Q136: If the wages a firm pays it Q137: Which of the following are two components Q138: The long run is a time frame Q139: A decrease in the price of a Q140:
A) a feature
A) firm's opportunity cost
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents