(a)[2]
Define ‘marginal costs’.
(b)[3]
Briefly explain two other types of business costs.
Business 9609 · AS & A Level · Costs
Costs — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Sound definition: Marginal costs are the extra costs of producing one further unit of output – the additional variable costs needed to make this extra unit.” …
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