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    Principles of Economics Study Set 12
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    Exam 8: Costs and the Changes at Firms Over Time
  5. Question
    Exhibit 8-2 -Marginal Cost Equals
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Exhibit 8-2 -Marginal Cost Equals

Question 67

Question 67

Multiple Choice

Exhibit 8-2 Exhibit 8-2   -Marginal cost equals A) total costs divided by output. B) fixed costs minus variable costs. C) total costs minus fixed costs. D) fixed costs plus variable costs. E) the change in total cost given a one-unit change in output.
-Marginal cost equals


A) total costs divided by output.
B) fixed costs minus variable costs.
C) total costs minus fixed costs.
D) fixed costs plus variable costs.
E) the change in total cost given a one-unit change in output.

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