Define marginal cost.

+1 vote

asked Jan 23, 2019 in Class 12 by kratos

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+6 votes

answered Jun 12, 2020 by kratos

Best answer

Marginal cost is the net addition to total cost when one additional unit of output is produced.

In which circumstances compulsory dissolution is happen?
A, B and C’s profit sharing ratio is 1 : 2 : 2. Before debiting realization loss partners capital account balance are Rs 3,000 (Dr.),
”There is a difference between dissolution of partnership and partnership firm.” Explain this statement.
Explain Garner V/S Murray rule.
At the time of dissolution of the firm, partners capital Rs 20,000, liabilities Rs 15,000 and cash balance

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