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

a. retail price
b. net benefit
c. marginal cost

User Hemantvc
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2 Answers

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marginal cost is your answer

User Jesse Webb
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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.
User Valkirilov
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