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- Nikita Chetry
- Latest Answer: 1 year ago
- In: Commerce
Differentiate between average cost and marginal cost.
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1 Answers
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- Answered By Anita Sahani
- Answer: 1 year ago
Average cost is calculated for every given level of output, whereas marginal cost is calculated when a given level of output is increased by one unit i.e. marginal cost is calculated between two succe...
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