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    Exam 11: Output and Costs
  5. Question
    Marginal Cost Is Equal to
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Marginal Cost Is Equal to

Question 282

Question 282

Multiple Choice

Marginal cost is equal to


A) total cost divided by output.
B) output divided by total cost.
C) the change in total cost divided by the change in total revenue.
D) the change in total cost divided by the change in output.

Correct Answer:

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