Explain the difference between Marginal cost and average cost?
Submitted by: MurtazaMarginal cost and average cost can differ greatly. For example, suppose it costs $1000 to produce 100 units and $1020 to produce 101 units. The average cost per unit is $10, but the marginal cost of the 101st unit is $20.
Submitted by: Murtaza
Submitted by: Murtaza
Read Online Sweep Accounts Job Interview Questions And Answers
Top Sweep Accounts Questions
| ☺ | Explain chargeback? |
| ☺ | Explain CMM? |
| ☺ | What are the methods used to allocate support costs? |
| ☺ | Explain marginal cost? |
| ☺ | What is Sweep Account? |
Top Business and Economics Categories
| ☺ | Taxation Interview Questions. |
| ☺ | Economics Interview Questions. |
| ☺ | Accounts Receivable (AR) Interview Questions. |
| ☺ | General Ledger Interview Questions. |
| ☺ | Fixed Assets Interview Questions. |
