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If Q denotes the change in output from an initial level of Q1, and TCQ1 denotes the corresponding change in total cost, marginal cost at
If Q denotes the change in output from an initial level of Q1, and TCQ1 denotes the corresponding change in total cost, marginal cost at Q1 is given by: Multiple choice question. MCQ1 = TCQ1 Q MCQ1 = QTCQ1 MCQ1 = TCQ1
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International Economics
Authors: Dennis Appleyard, Alfred Field
8th Edition
978-0078021671, 0078021677
