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1 June, 14:17

Select the correct answer.

What is marginal cost?

A. It is the change in a company's total output arising from a change in the total price of one unit.

B. It is the change in a company's total revenue arising from a change in total output of one unit.

C. It is the change in a company's total cost arising from a change in total output of one unit.

D. It is the change in a company's average revenue arising from a change in total output of one unit.

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  1. 1 June, 17:07
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    Is the change in a company's total cost arising from a change in total output of one unit.
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