Economy, asked by baylomearning, 17 days ago

find the odd word out , ' Total cost, Average Cost, Marginal Cost, Marginal Revenue '​

Answers

Answered by MalikramJangde
5

your answer is here

Marginal Revenue

because all are costs and this one is Revenue

so this is odd word

Answered by qwwestham
0

The odd one is Marginal Revenue.

  • Total Cost is the total cost required for the production of the product.
  • The Average Cost is the cost per unit of product manufactured by the firm.
  • The Marginal Cost is the change in the total cost of the product when one additional product is manufactured.
  • However, the Marginal Revenue is the change in the total income of the firm when one additional product is sold.

From the above-given term, only the Marginal Revenue is an income while others are the expense.

Similar questions