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26 March, 12:28

What what is the best definition of marginal cost

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Answers (2)
  1. 26 March, 13:37
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    The most accurate definition would be:

    "The cost added by producing one additional unit of a product or service."
  2. 26 March, 14:24
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    Marginal cost is the change in the total cost that arises when the quantity produced is incremented by one unit
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