Economics · Economy

Which of the following is the additional cost incurred to produce one additional unit of a commodity?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Total cost
2Marginal cost✓
3Average fixed cost
4Average variable cost

Correct answer

Marginal cost

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Which of the following is the additional cost incurred to produce one additional unit of a commodity?

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Which of the following is the additional cost incurred to produce one additional unit of a commodity?

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