Banking System and Capital Market Questions and Answers for Competitive Exams

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

“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]

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Read More Economics Solved Questions

Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series