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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
Question Posted: