A seller's willingness to accept is the same as his ________ cost of production.

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asked May 12, 2019 115k views

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UnLiMiTeD · Answer 1 · 2019-05-16T21:05:21+0000

A seller's willingness to accept is the same as his marginal cost of production.

Marginal cost is the increase or decrease in cost of production if the output is increased. The marginal cost of production is the change in the total cost of the product from producing one addition item.

A seller's willingness to accept is the same as his ________ cost of production.

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