EconomicsTheory of costs and revenueWAEC
Total cost rises from ₦12,000 to ₦12,800 when output increases from 40 to 50 units. The marginal cost per unit is
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Answer: A. ₦80
800 ÷ 10 = ₦80.
An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.