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Marginal cost is equal to
a.total cost divided by output.
b.total variable cost minus total fixed cost.
c. The increase in total cost divided by the increase in labour input, given the amount of capital.
d. the increase in total cost divided by the increase in variable cost.
e. the increase in total cost divided by the increase in output .

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Marginal cost is equal to atotal cost divided by output b.pdf

  • 1. Marginal cost is equal to a.total cost divided by output. b.total variable cost minus total fixed cost. c. The increase in total cost divided by the increase in labour input, given the amount of capital. d. the increase in total cost divided by the increase in variable cost. e. the increase in total cost divided by the increase in output .