Marginal cost is understood as the change in when producing one more unit of output. In the short run, marginal cost can also be determined by the change in when producing one more unit of output.
a. variable cost; fixed cost
b. total cost; fixed cost
c. fixed cost; variable cost
d. total cost; variable cost
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Marginal cost is understood as the change in when producing one more unit of output. In the short ru...
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