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  • 07-03-2024
  • Business
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Based on the given information (TC = total cost, Q = quantity of output, MC = marginal cost) , what is the correct definition of Marginal cost (MC) ?

A. Change in T(C) divided by change in Q
B. (Change in Q) divided by (Change in T(C) )
C. Total cost divided by quantity of output
D. Change in Q divided by total cost

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