Economics A-Level
Marginal costs
What Marginal costs means in Economics A-Level, as defined for AQA.
Definition of Marginal costs
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Reference: AQA
The costs associated with increasing output, which higher prices help to cover.
Topics that use Marginal costs
- The determinants of the supply of goods and services (AQA A-Level)
Related terms
Using Marginal costs in the exam
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