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43.Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

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43.Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost
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Solution 1

Under the Marginal cost pricing, the price is determined on the basis of Variable cost. So, the correct answer is B. Variable cost.

Here's a step by step explanation:

  1. Marginal cost pricing is a pricing strategy which involves setting the price of a product at or slightly above the variable cos Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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Similar Questions

43.Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

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For 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25. The total cost at this output level is ____________.

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