alleryStart learning →Marginal cost is the ratio of the change in total cost to the change in
Amarket demand size
Bquantity produced
Cprice charged
Dfixed cost level
Answer & Solution
Correct answer: B. quantity produced
MC is the extra total cost per extra unit of output, delta C over delta Q.
Keep practising Basic Differential and Integral Calculus
Browse all Basic Differential and Integral Calculus questions for CA Foundation, or explore more Quantitative Aptitude topics.
Related questions
For a straight line y = ax + b, the derivative dy/dx isThe derivative of ln(x^2 + 1) isWhat is d/dx of 5e^x?If f'(x) > 0 throughout an interval, then f isA global extremum of a function is taken overMaxima and minima are known together asAt a critical point where f'' is positive, the function has aThe function f(x) = x^3 - 3x has a local maximum at x =