____ refers to the change in total cost (TC) due to the production of an additional unit ofoutput.

by
Question:

____ refers to the change in total cost (TC) due to the production of an additional unit ofoutput.

A.

MPC

B.

MC

C.

MPI

D.

MPPL

Answer» b. MC

Note: The above multiple-choice question is for all general and Competitive Exams in India.