The change in total cost resulting from a one-unit increase in production is called:

Name: The change in total cost resulting from a one-unit increase in production is called:
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The change in total cost resulting from a one-unit increase in production is referred to as marginal cost. Marginal cost is useful for determining the optimal level of production, as it indicates the additional cost of producing one more unit.

The Change in Total Cost Resulting from a One-Unit Increase