Question: Marginal cost is the Question 2 0 Select one: a . average cost of production divided by output. b . increase in AVC resulting from

Marginal cost is the

Question 20Select one:

a.

average cost of production divided by output.

b.

increase in AVC resulting from producing one more unit of output.

c.

increase in total cost resulting from producing one more unit of output.

d.

equivalent of average total cost.

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