Idenrtify the key measurement in economics that is most closely associated with this managerial question? "What is the extra $cost of producing one more unit of output?
A) Average Total Cost
B) Total Variable Cost
C) Marginal Cost
D) Average Variable Cost
E) Average Fixed Cost

Question

Quizplus · Accepted Answer

In economics, Marginal Cost is a key measurement where we determine the extra cost of an additional output uinit.

Idenrtify the Key Measurement in Economics That Is Most Closely