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Table 7-4

Question 121

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Table 7-4 Table 7-4 -Marginal cost A) is the increase in total cost resulting from production of one additional unit of output. B) is the cost of the marginal unit of output. C) and the average cost curve are U shaped. D) All of the responses are correct. Table 7-4 -Marginal cost A) is the increase in total cost resulting from production of one additional unit of output. B) is the cost of the marginal unit of output. C) and the average cost curve are U shaped. D) All of the responses are correct.
-Marginal cost


A) is the increase in total cost resulting from production of one additional unit of output.
B) is the cost of the marginal unit of output.
C) and the average cost curve are U shaped.
D) All of the responses are correct.

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