The _____ curve shows the additional cost of producing each additional unit of output.
A)average cost
B)total cost
C)marginal product
D)marginal cost

Question

Quizplus · Accepted Answer

The marginal cost curve shows the additional cost incurred in producing each additional unit of output. This is important for businesses to understand as it enables them to make decisions about how much to produce and at what price to sell.

The _____ Curve Shows the Additional Cost of Producing Each