2 years ago

In a linear cost function, the marginal cost is the (additional, abstract or fixed) cost per item.

Mathematics

1 answer:

xz_007 [3.2K]2 years ago

4 0

Answer:

Does this help

Step-by-step explanation:

included in the fixed cost are, for instance, mortgage payments, salaries, and insurance. This allows us to interpret the marginal cost, m = $3.50, as the cost to print each additional books.In general, the marginal cost is the cost per additional item.

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