In order to calculate marginal cost, producers must compare the difference in the cost of producing one unit to the cost of

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Social Studies

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2 September, 00:49

In order to calculate marginal cost, producers must compare the difference in the cost of producing one unit to the cost of

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Joslyn Peters · Answer 1

The answer would be : The cost of producing the next unit

Marginal cost is the change of total cost that happen after the production's quantity increased by one unit. The other way to see it is any additional cost required To produce the next unit