Question

With which of the following is the concept of Marginal Cost closely related?
(a) Variable Cost
(b) Fixed Cost
(c) Opportunity cost
(d) Economic Cost

Answer 1

Answer:

variable cost coz in short period fixed cost always fixed.

Answer 2

Answer:

With which of the following is the concept of Marginal Cost closely related?

(a) Variable Cost

(b) Fixed Cost✔........................

(c) Opportunity cost

(d) Economic Cost