Marginal cost is
A)positive or zero.
B)negative or zero.
C)positive or negative but not zero.
D)positive, negative, or zero.

Question

Quizplus · Accepted Answer

Marginal cost is the additional cost incurred in producing one more unit of a good or service. As it represents the change in total cost due to producing one additional unit, it cannot be negative. Additionally, it can only be zero if there is no increase in total cost when producing one more unit, which is unlikely. Therefore, the correct choice is A) positive or zero.

Marginal Cost Is