45.A change in total cost caused by adding one more unit to the production total is called:  A. Fixed cost.  B. Variable cost.  C. Marginal cost  D. Total cost

Question

45.A change in total cost caused by adding one more unit to the production total is called:  A. Fixed cost.  B. Variable cost.  C. Marginal cost  D. Total cost
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

The answer is C. Marginal cost. This term refers to the change in total cost that arises when the quantity produced changes by one unit. It is the cost of producing one more unit of a good. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.

owee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study

This problem has been solved

Similar Questions

45.A change in total cost caused by adding one more unit to the production total is called:  A. Fixed cost.  B. Variable cost.  C. Marginal cost  D. Total cost

At a production level of 5,600 units, a project has total costs of $89,000 and a variable cost per unit of $11.20. What is the amount of the total fixed costs?

43.Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

Under the Marginal cost pricing, the price is determined on the basis of;  A. Fixed cost  B. Variable cost  C. Total cost  D. Average cost

In a short run, fixed cost remain constant, but variable cost change with changes in total product.TrueFalse

1/3