Marginal cost is the change in:
A) total product resulting from a one-unit change in a variable input.
B) total cost resulting from a one-unit change in the quantity of a variable input.
C) total cost divided by the change in output.
D) average cost resulting from a one-unit change in the quantity of output.

Question

Quizplus · Accepted Answer

The Answer of Marginal cost is the change in:
A) total product resulting from a one-unit change in a variable input.
B) total cost resulting from a one-unit change in the quantity of a variable input.
C) total cost divided by the change in output.
D) average cost resulting from a one-unit change in the quantity of output.

Marginal Cost Is the Change In