6
QuizMultiple Choice

Profit

Question 6 • 2102320-Economics HONORS - Edgenuity Teacher

In order to calculate marginal cost, producers must compare the difference in the cost of producing one unit to the cost of

Answer
A
purchasing a unit.
B
distributing that unit.
C
producing the next unit.
D
producing a different unit.

Explanation

Marginal cost is the additional cost of producing one more unit. Producers compare the cost at the current output level with the cost after producing the next unit. Therefore, the correct choice is producing the next unit.

AI-written and checked against the verified answer.

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