What is marginal cost? a. it is the change in a company’s total output arising from a change in the total price of one unit. b. it is the change in a company’s total revenue arising from a change in total output of one unit. c. it is the change in a company’s total cost arising from a change in total output of one unit. d. it is the change in a company’s average revenue arising from a change in total output of one unit.

Answer- C. It is the change in a company's total cost arising from a change in total output of one unit. The increase or decrease in the total cost of a production run for making one additional unit of an item.

C. It is the change in a company’s total cost arising from a change in total output of one unit.

Explanation:

Marginal cost is known to be a change in the total cost of producing or manufacturing an extra unit of one good or product. This change can be as a result of increase or decrease in production which can be derived at by calculating the total cost of a good or product by the change in output of a good or product.  

the actual answers are a, b, and d.

abraham lincoln issued the preliminary emancipation proclamation on september 22nd, 1862. it stipulated that if the southern states did not cease their rebellion by january 1st, 1863, then proclamation would go into effect.