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Which is a true statement about marginal cost? a) it is the difference (or change) in...

Which is a true statement about marginal cost?

a) it is the difference (or change) in what you receive from a different choice.

b) it is the difference (or change) in cost of a different choice.

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Answer #1

b) it is the difference (or change) in cost of a different choice.

Explanation: Marginal cost refers to the increase or decrease in cost for making a different choice.  

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