Marginal cost is best defined as:

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Economics · Marginal Costing

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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The change in total cost due to producing one additional unit

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Recommended practice questions in Economics · Marginal Costing

Mahatma Gandhi's last fast unto death in 1948 was primarily against which of the following?

What was the primary meaning of 'Swaraj' as popularized by Mahatma Gandhi during India's independence movement?

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Answer 1

Total cost divided by units produced

Answer 2

The change in total cost due to producing one additional unit

Answer 3

Another term for fixed cost

Answer 4

Selling price minus fixed cost

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