A firm’s short-run marginal cost______________________________. increases with output remain constant within the relevant range shows the change in total costs that results when an additional unit of output is produced includes the cost of machinery and equipment
A firm’s short-run marginal cost______________________________. increases with output remain constant within the relevant range shows the change in total costs that results when an additional unit of output is produced includes the cost of machinery and equipment
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 25SQ
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- A firm’s short-run marginal cost______________________________.
- increases with output
- remain constant within the relevant range
- shows the change in total costs that results when an additional unit of output is produced
- includes the cost of machinery and equipment
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