Marginal cost is the change in:Question 52Select one:a.total cost resulting from a 1-unit change in a variable input.b.total cost resulting from a 1-unit change in quantity.c.total cost resulting from a 1-unit change in average cost.d.average cost resulting from a 1-unit change in quantity.

The marginal cost is the:Multiple choice question.extra or additional cost associated with the consumption of an additional unit of output.average cost associated with the production of an additional unit of input.average cost associated with the use of an additional unit of input.extra or additional cost associated with the production of an additional unit of output.

Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

45.A change in total cost caused by adding one more unit to the production total is called:  A. Fixed cost.  B. Variable cost.  C. Marginal cost  D. Total cost

Marginal revenue is the change in totalGroup of answer choicesrevenue received when the firm spends more money.cost incurred when the firm produces one additional unit.revenue divided by the change in total cost.cost divided by the change in total revenue.revenue received when the firm produces one additional unit.

Choose all answers that are correct:  the marginal cost is the slope of theGroup of answer choicesThe variable cost curveThe marginal product curveThe average product curveThe total cost curveThe average cost curve