The concept of marginal cost is closely related to which cost

1.	The concept of marginal cost is closely related to which cost
Answer» Answer: LONG term or more commonly KNOWN as long run marginal COST is the change in cost when all input costs can be varied. It is closely related to marginal cost pricing, in which prices are SET at an amount equal to the marginal cost.

Answer»

Answer:

LONG term or more commonly KNOWN as long run marginal COST is the change in cost when all input costs can be varied. It is closely related to marginal cost pricing, in which prices are SET at an amount equal to the marginal cost.

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The concept of marginal cost is closely related to which cost

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