Marginal cost is defined as

Related MCQs

• __________ cost is also known as Alternative Cost.
• Let a firm employs 10 labourers to produce 150 units of output. If 11 labourers are employed to produce 166 units of output, then the marginal product is
• The Law of Diminishing Marginal Utility was developed by ____________
• ________ defined economics as a science which deals with wealth.
• Wealth was defined by
• Which one of the following cost can never become zero?
• Opportunity cost is measured in terms of the
• __________ cost remains constant even if production is stopped.
• The additional cost incurred to produce an additional unit of output is _______