What is a marginal cost?
What will be an ideal response?
Marginal cost is the additional cost associated with continuing with an activity.
Economics
You might also like to view...
Monetarism is a school of thought put forth by ________, who argued that the economy would most likely be at potential GDP
A) Finn Kydland and Edward Prescott B) Milton Friedman C) Robert Lucas and Thomas Sargent D) Karl Marx
Economics
In 1931, the first major country to abandon the gold standard — in order to increase its policy options in face of the Great Depression — was
A) Germany. B) France. C) Great Britain. D) the United States.
Economics