The Cost of Producing an Additional Unit of a Good

question 232

Multiple Choice

The cost of producing an additional unit of a good or service that falls on people other than the producer is

• A) the marginal cost.
• B) represented by the demand curve.
• C) represented by the supply curve.
• D) the marginal external cost.
• E) the marginal social cost.

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Definitions:

Header File

In programming, a file containing declarations of functions, macros, and variables which can be included in multiple program files via preprocessor directives.

Gets()

A function that reads a line from stdin into the buffer pointed to by its argument until a newline character or EOF.

Character Array

A sequential collection of characters, typically used to store strings in programming languages like C and C++.

Gets()

A function in C programming used to read a string from the standard input (stdin) until a newline character is encountered.