34.7k views
4 votes
a curve shows the marginal cost of producing one more unit of a good or service. question 1select one: a. supply b. demand c. marginal benefit d. production possibilities

1 Answer

4 votes

Final answer:

The subject of this question is supply. The curve that shows the marginal cost of producing one more unit of a good or service is a key concept in economics and is represented by the supply curve. The marginal cost represents the additional cost incurred for producing one more unit of a good or service.

Step-by-step explanation:

The curve that shows the marginal cost of producing one more unit of a good or service is a key concept in economics and is represented by the supply curve. The marginal cost represents the additional cost incurred for producing one more unit of a good or service. It is important for producers to consider marginal costs when making production decisions, as it helps them determine the optimal level of output.

User Farrellmr
by
8.1k points