Question

Marginal costs: A. are associated with each additional unit produced. B. are the costs incurred as a result of choosing one option over another C. are minor, insignificant costs. D. are constant and do not vary according to production volume. E. are also known as overhead.

Answer 1

A. are associated with each additional unit produced.

Step-by-step explanation:

• The marginal cost is the cost that is associated with the total costs that arise when the quantity that is produced is increased by one unit and is the cost of the occur when producing one unit of a good and here the marginal costs are all those costs that vary with there level of production.