What is the best definition of marginal cost?the possible income from producing an additional itemthe price of producing one additional unit of a goodthe additional income gained from selling an additional goodthe financial gain from business activity minus expenses
Accepted Solution
A:
Answer:the price of producing one additional unit of a goodStep-by-step explanation:The marginal cost refers to the expense of producing one more unit of a product an it includes all the costs the company may have to be able to increase the level of production. According to this, the best definition of marginal cost is the price of producing one additional unit of a good.The other options are not right because they talk about an income or gain.