What is the best definition of marginal cost?
the possible income from producing an additional item
the price of producing one additional unit of a good
the additional income gained from selling an additional good
the financial gain from business activity minus expenses

Respuesta :

Answer:

the price of producing one additional unit of a good

Step-by-step explanation:

The marginal cost refers to the expense of producing one more unit of a product an it includes all the costs the company may have to be able to increase the level of production. According to this, the best definition of marginal cost is the price of producing one additional unit of a good.

The other options are not right because they talk about an income or gain.

Marginal cost can best be defined as the  price (cost) of producing one additional unit of a good.

What Is Marginal Cost?

The marginal cost of production is described as the change in total production cost arising from making or producing one additional unit of that product.

   Marginal cost is obtained by dividing the change in the cost of production by the change in the quantity

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