What Is Marginal Cost

question 102

Multiple Choice

What is marginal cost?

• A)The total cost of producing one unit of a good or service.
• B)The average cost of producing a good or service.
• C)The difference between the lowest price a firm would have been willing to accept and the price it actually receives.
• D)The additional cost to a firm of producing one more unit of a good or service.

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Definitions:

Ejaculat/o

A term referring to the expulsion of semen from the male reproductive tract.

Balan/o

A combining form used in medical terms that relates to the glans penis.

Circum-

A prefix in medical terminology indicating "around" or "about."

Gynecomastia

The enlargement of the gland tissue of the male breast, which can result from a hormonal imbalance or certain medications.