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Marginal cost equals A.total output divided by the change in total cost. B.total cost divided by quantity of output produced. C.amount by which output rises
Marginal cost equals
A.total output divided by the change in total cost.
B.total cost divided by quantity of output produced.
C.amount by which output rises when labor is increased by one unit.
D.amount by which total cost rises when output is increased by one unit.
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