Marginal cost is defined as : (a) the change in total cost due to a o – InterviewSolution

1.	Marginal cost is defined as : (a) the change in total cost due to a one-unit change in output (b) total cost divided by output (c) the change in output due to a one-unit change in an input (d) total product divided by the quantity of input
Answer» (a) the change in total cost due to a one-unit change in output

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