The marginal cost of an activity is the: Select one: a. change in the total cost of
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Question:
The marginal cost of an activity is the:
Select one:
a. change in the total cost of the activity that results from carrying out an additional unit of the activity.
b. the total cost of the activity divided by the change in the level of the activity.
c. the total cost of the activity divided by the level of the activity.
d. change in the level of the activity divided by the change in the cost of the activity.
Related Book For
Managerial Economics Theory Applications and Cases
ISBN: 978-0393912777
8th edition
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
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