Econ 102 exam 3 test - Study guides, Class notes & Summaries
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Econ 102 Exam 3 Test Questions and Answers 100% Solved
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Econ 102 Exam 3 Test Questions and 
Answers 100% Solved 
c) Marginal Cost ️️Refers to the additional costs of producing one more unit. 
a) Total Cost 
b) Economic Profit 
c) Marginal Cost 
d) Accounting Profit 
a) Marginal Revenue ️️Refers to the additional revenue gained from selling one more unit. 
a) Marginal Revenue 
b) Total Revenue 
c) Economic Profit 
d) Accounting Profit
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