For a firm that produces several products,the marginal cost of producing one product often depends on:
A) the level of demand for other products.
B) the production level of other products.
C) the price of other products.
D) the quality of other products.

Question

Quizplus · Accepted Answer

The marginal cost of producing one product often depends on the production level of other products. This is because the production of one product may require the use of resources that could have been used to produce another product. As the production level of one product increases, the marginal cost of that product may increase due to the decreasing availability of those resources.

For a Firm That Produces Several Products,the Marginal Cost of Producing