Marginal cost is a. any cost occurring after time now. b. the ratio of total cost to

Question:

Marginal cost is

a. any cost occurring after "time now."

b. the ratio of total cost to total quantity of output.

c. the market value of an asset at the end of its life less its disposal costs.

d. the incremental cost of producing one more unit of output.

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Ali Khawaja

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