Use the following to answer question:
-(Table: Marginal Cost of Sweatshirts)Use Table: Marginal Cost of Sweatshirts.The marginal cost of producing sweatshirts is an example of _____ marginal costs.
A)decreasing
B)increasing
C)constant
D)random

Question

Use the following to answer question: 
-(Table: Marginal Cost of Sweatshirts)Use Table: Marginal Cost of Sweatshirts.The marginal cost of producing sweatshirts is an example of _____ marginal costs.
A)decreasing 
B)increasing 
C)constant 
D)random

Quizplus · Accepted Answer

The marginal cost of producing sweatshirts increases as the number of sweatshirts produced increases. This is because as production increases, additional resources are needed, which drives up the cost per unit. Therefore, the marginal cost of producing sweatshirts is an example of increasing marginal costs.

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