90.7k views
3 votes
What's the best definition of marginal cost

User Nurjan
by
7.7k points

2 Answers

1 vote

Answer:

the price of producing one additional unit of a good

User Frizz
by
7.4k points
4 votes

Answer:

function of total cost of production which includes fixed and variable costs; marginal costs exist when variable costs exist.

Step-by-step explanation:

User Jingwei
by
7.7k points