Marginal cost is defined as :
A. the change in total cost due to a one-unit change in output
B. total cost divided by output
C. the change in output due to a one-unit change in an input
D. total product divided by the quantity of input
Answer:A
Marginal cost is defined as :
A. the change in total cost due to a one-unit change in output B. total cost divided by output C. the change in output due to a one-unit change in an input D. total product divided by the quantity of input