Mariwinters9966 Mariwinters9966
  • 24-12-2019
  • Business
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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. All of the above are correct.
d. and the average cost curve are U-shaped.

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Favourazukaego
Favourazukaego Favourazukaego
  • 24-12-2019

Answer:

a. is the increase in total cost resulting from production of one additional unit of output.

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