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marginal cost

marginal cost
Apr 23, 2021 · 2m 13s

The marginal cost of production is the additional cost incurred to produce an additional unit of output. It is calculated by dividing the change in total production cost by the...

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The marginal cost of production is the additional cost incurred to produce an additional unit of output. It is calculated by dividing the change in total production cost by the change in quantity.
https://blog.finology.in/finance/what-is-marginal-cost
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