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in Production and Costs by (26.8k points)
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\(\frac{ΔTC}{Δq}\) is  .........

(а) MC

(b) AC 

(c) FC 

(d) VC

[TC = Total Cost, q = Output, MC = Marginal Cost, AC = Average Cost, FC = Fixed Cost, VC = Variable Cost]

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1 Answer

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by (26.2k points)

 \(\frac{ΔTC}{Δq}\) is MC 

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