Multiple Choice
If TC represents the change in total cost, w the change in the wage rate, TFC the change in total fixed cost, q the change in output,and AC the change in average cost,the marginal cost of the firm can be defined as:
A) TC/ w.
B) TFC/ q.
C) AC/ q.
D) TC/ q.
Correct Answer:

Verified
Correct Answer:
Verified
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