What do you think about firms and production and costs in economics? discuss these terms

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asked Oct 16, 2024 6.6k views

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Aads · Answer 1 · 2024-10-21T10:50:38+0000

Answer:

The firm's total cost of production is the sum of all its variable and fixed costs. The firm's marginal cost is the per unit change in total cost that results from a change in total product.

What do you think about firms and production and costs in economics? discuss these terms

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