Marginal cost is
A) all the costs of the fixed inputs.
B) all the costs of production of goods.
C) all the costs that vary with output.
D) the change in the total cost resulting from a one-unit change in output.
Correct Answer:
Verified
Q158: In a diagram with the total cost
Q159: Q160: Which of the following would be classified Q161: A firm's marginal cost is the increase Q162: Marginal cost is the increase in total Q164: Marginal cost is calculated as Q165: As output increases, AVC approaches ATC because Q166: Average variable cost is equal to Q167: As output increases, average fixed cost Q168: Marginal cost _ as the quantity produced
A) total cost
A) average
A) always
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