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प्रश्न
Define or explain the following concept:
Marginal Cost
उत्तर
Marginal cost is defined as the addition to total cost as a result of producing one more unit of output. It can be calculated by the following formula.
`"MC" = "Change in total cost"/"Change in quanity of output"`
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संबंधित प्रश्न
Price discrimination
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Market supply depends upon price only.
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Due to the use of modern production technique supply will decrease.
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Fill in the blank with appropriate alternative given below
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Percentage method.
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