A fiRm's Marginal Cost of Production Is _____

question 20

Multiple Choice

A firm's marginal cost of production is _____.

• A) the total cost of production divided by total output
• B) the cost of producing one additional unit of output
• C) the cost incurred by the firm even if no output is produced
• D) constant at all levels of output

---

Definitions:

Medication

Substances used to treat and cure symptoms of diseases and conditions or to enhance physical or mental well-being.

Benzodiazepine

A class of psychoactive drugs used to treat conditions such as anxiety, insomnia, and seizures by increasing the effect of the neurotransmitter GABA.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a concern over future events.

Antianxiety Medication

Drugs prescribed to alleviate symptoms of anxiety and manage conditions associated with anxiety disorders.