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Marginal cost is defined as the rate of change in

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Answer:

Marginal cost is defined as the rate of change in TOTAL COST WHEN THE QUANTITY IS INCREASED IN PRODUCING.

Step-by-step explanation:

MARGINAL COST is defined as the change of cost when we increase a unit in the production. When quantity is increased, MARGINAL COST EVENS GETS INCREASED.

To know more about MARGINAL COSTS

User Christopher King
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