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Marginal Cost Is

Question 7

Multiple Choice
Marginal cost is A)the total cost of producing one unit of a good or service. B)the average cost of producing a good or service. C)the difference between the lowest price a firm would have been willing to accept and the price it actually receives. D)the additional cost to a firm of producing one more unit of a good or service.

Marginal cost is


A) the total cost of producing one unit of a good or service.
B) the average cost of producing a good or service.
C) the difference between the lowest price a firm would have been willing to accept and the price it actually receives.
D) the additional cost to a firm of producing one more unit of a good or service.

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