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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost3 Marks
Question
What is the relationship between marginal cost and fixed cost?
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Answer

There is no relationship between marginal cost and fixed cost. Marginal cost examines the change in total cost from a change in output. Fixed cost remains the same even when output changes.

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