What is the sum of the marginal costs of all of the units produced?

Question

Quizplus · Accepted Answer

The sum of the marginal costs of all units produced equals the total variable cost. Marginal cost refers to the cost of producing one additional unit of a good, and summing these costs for all units gives the total variable cost, which varies with the level of output. Total cost includes both fixed and variable costs, average cost is total cost divided by the quantity produced, and total fixed costs remain constant regardless of output level.

What Is the Sum of the Marginal Costs of All