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A business calculated that the expense to produce an additional unit of its product is $10. This amount is the ______.

Aretail price
Bnet benefit
Cmarginal cost

Verified Answer :

W0lf93

The answer is C) marginal cost. The term "marginal cost" refers to the cost added by producing one additional unit of a product or service, in this case $10. Retail price refers to the price that a business charges for a good sold to a consumer, including the manufacturing cost and markup value. Net benefit is defined as the total economic benefit received from a change in the state of a good or service, measured by the sum of consumer surplus plus producer surplus, less any costs associated with the change.

jacobleroyswans

marginal cost is your answer

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