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What is the best definition of marginal cost A:the possible income from producing an additional item B:the price of producing one additional unit of a good C:the additional income gained from selling an sitio al good D:the financial gain from business activity minus expenses

Caroline Campbell

in Social studies

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Ramon Kelly on November 12, 2018

Marginal cost is the change (increase or decrease) of the production costs when it increases by one additional unit of a particular item and is calculated when the balance point has already been reached. Its use is crucial for businesses because it allows them to establish a parameter that defines his optimal production quantity (also known as the "sweet spot") in which, if operating in, you can maximize your earnings. Therefore, the answer is B: The price of production of an additional unit of a good.


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