Q. ………. Is the increase or decrease in total cost which results from producing or selling additional or fewer units of a product or from a change in the method of production or distribution such as the use of improvedmachinery, addition or exclusion of a product or territory or selection of an additional sales channel. (Solved)

1. variable cost

2. marginal cost

3. fixed cost

4. none of these

  • b. marginal cost
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