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Marginal Cost Can Be Calculated As:
A) Δ\Delta TC Δ\Delta Q, Where TC Is Total Cost and Q Is Output

Question 79

Multiple Choice

Marginal cost can be calculated as:


A) Δ\Delta TC / Δ\Delta Q, where TC is total cost and Q is output.
B) Δ\Delta VC / Δ\Delta Q, where VC is variable cost and Q is output.
C) the slope of the total cost curve.
D) Δ\Delta TC / Δ\Delta Q, where TC is total cost and Q is output; Δ\Delta VC / Δ\Delta Q, where VC is variable cost and Q is output; and as the slope of the total cost curve.

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