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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 13: The Costs of Production
  5. Question
    What Is the Cost of Producing an Additional Unit of Output
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What Is the Cost of Producing an Additional Unit of Output

Question 6

Question 6

Multiple Choice

What is the cost of producing an additional unit of output


A) the firm's marginal cost
B) the firm's marginal product
C) the firm's variable cost
D) the firm's average variable cost

Correct Answer:

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