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What is marginal cost?
the cost of producing one more unit of a good total revenue plus total cost total revenue minus total cost
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1. The law of diminishing returns implies that at some output level:
a) Marginal cost must fall b) Average total cost must
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asked by
Nathan
915 views
Amy bought some stationary from a bookstore. The total cost of 3 files A,B,C was $5.60 more than the total cost of 4staples. A
1 answer
asked by
Gav
564 views
The marginal cost function of manufucturing x units of a commodity is 6+10x-6x^2.
Find the total cost and average cost. Given
1 answer
77 views
# 1 Takers,Inc.provide the following results:
2004 2003 Units 2,400 3,000 Total Cost 19,200 24,000 What form of cost behavior is
1 answer
asked by
lia82
736 views
A company is producing 100 units. At this quanity, it's average total cost is $25, and it's total fixed cost is $2,000. How much
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asked by
Russ
550 views
How does a firm calculate marginal cost?
A. By adding up its variable costs and fixed costs B. By dividing the change in output
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asked by
M
66 views
Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead is applied to jobs at a rate of 200
2 answers
asked by
Vanessa
2,596 views
Ally loves the beach and decides to spend the summer selling various ice cream products on the beach. From her account course,
2 answers
asked by
Neil
635 views
Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead is applied to jobs at a rate of 200
1 answer
asked by
miguel
1,245 views
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