The rate of change of cost is called _____ cost.
- Loss
- Marginal
- Revenue
- None of these
Explanation
The rate of change of cost with respect to the number of units produced is called Marginal Cost.
It represents the additional cost of producing one more unit.
Related MCQs
- 504
- 490
- 512
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
- Zero dimensions
- One dimension
- Two dimensions
- None of these