GkSeries.com

Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

“Marginal Cost” equals

[A] Total cost minus total benefit for the last unit produced
[B] Total cost divided by total benefit for the last unit produced
[C] Total cost divided by quantity
[D] The change in total cost divided by the change in quantity

Answer & Explanation

Answer: Option [D]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test