Solved

Marginal Cost Is Equal to

Question 190

Multiple Choice

Marginal cost is equal to


A) the total cost of a firm's production.
B) total cost minus fixed cost.
C) a cost that is not related to the quantity produced.
D) the change in total cost that results from a one-unit increase in output.
E) the change in fixed cost that results from a one-unit increase in output.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q185: The average product curve<br>A) initially falls then

Q186: Dr.Khan starts his own dental practice after

Q187: The short run is<br>A) less than one

Q188: The change in cost that results from

Q189: If 9 workers can produce 1,550 units

Q191: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Under which of

Q192: Acme produces rocket shoes for use by

Q193: Average variable cost equals<br>A) fixed cost divided

Q194: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Paulette owns a

Q195: When the marginal product is increasing as