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Valentin [98]
3 years ago
15

What is the best definition of marginal cost?

Mathematics
2 answers:
DIA [1.3K]3 years ago
4 0

Answer: A: the possible income from producing an additional item.

Step-by-step explanation: The actual definition of marginal cost is the cost added by producing one additional unit of a product of service.

Nutka1998 [239]3 years ago
4 0

Answer:

the price of producing one additional unit of a good

Step-by-step explanation:

The marginal cost refers to the expense of producing one more unit of a product an it includes all the costs the company may have to be able to increase the level of production. According to this, the best definition of marginal cost is the price of producing one additional unit of a good.

The other options are not right because they talk about an income or gain.

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3 years ago
Explain (1+y)^2 how does it turn into 1+2y+y^2 ? i don't understand
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I will show you the steps on how you get that answer and if you have any questions after that let me know and I'd be more than happy to help answer them for you.
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