Marginal cost is calculated as اختر أحد الخيارات .a. the increase in total cost divided by the increase in labor, given the amount of capitalO b. the increase in total cost divided by the increase in output O .C. total cost minus total fixed cost .d. total cost divided by output O

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 3.7P
icon
Related questions
Question
100%
Marginal cost is calculated as
اختر أحد الخيارات
.a. the increase in total cost divided by the increase in labor, given the amount of capital O
.b. the increase in total cost divided by the increase in output O
.C. total cost minus total fixed cost O
.d. total cost divided by output
Transcribed Image Text:Marginal cost is calculated as اختر أحد الخيارات .a. the increase in total cost divided by the increase in labor, given the amount of capital O .b. the increase in total cost divided by the increase in output O .C. total cost minus total fixed cost O .d. total cost divided by output
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Costs
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ECON MICRO
ECON MICRO
Economics
ISBN:
9781337000536
Author:
William A. McEachern
Publisher:
Cengage Learning
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Microeconomics A Contemporary Intro
Microeconomics A Contemporary Intro
Economics
ISBN:
9781285635101
Author:
MCEACHERN
Publisher:
Cengage
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc