What Is Marginal Cost - Search Videos

Marginal Cost Explained | 12th Economics

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Marginal Cost Explained | 12th Economics

What does Marginal Cost (MC) represent? Marginal Cost (MC) is a fundamental concept in economics, especially in the study of supply analysis. It represents the net addition made to total cost by producing one more unit of output. This video breaks down the concept with a clear explanation and provides the correct answer to a multiple-choice ...

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