If we produce one more bottle of water,
A)we cannot be acting efficiently.
B)we incur a marginal cost.
C)we must move away from market equilibrium.
D)the price of a bottle of water must rise.
E)the marginal social benefit from bottled water increases.

Question

Quizplus · Accepted Answer

Producing one more bottle of water incurs a marginal cost. This is because as we increase production, we may have to use more resources, such as labor and materials, which increases costs.

If We Produce One More Bottle of Water