Marginal Cost And Marginal Benefit Definitions

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Marginal Cost And Marginal Benefit Definitions

Marginal cost is the increment to total costs of producing an additional unit of some good or service.
There are other broader definitions as well.
Marginal benefit is the increment to total benefit derived from consuming an additional unit of good or service. There are other broader definitions as well. virtual university
Marginal Cost And Marginal

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