Question 0

Marginal cost is?

  • A.the lowest cost of producing goods
  • B.the cost of production of the most efficient firm in an industry
  • C.the cost of production of the most inefficient firm in an industry
  • D.the cost of production of the last or extra unit of goods produced by a firm
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2022
Question no.
#0
Type
Objective

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