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Business employees calculated that the expense to produce an additional cell phone is $50. This monetary amount represents a _____ . retail price marginal benefit marginal cost

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User GileCAD
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2 Answers

5 votes
Marginal cost, i believe. 
answered
User Seref
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4 votes

Answer:

marginal cost

Step-by-step explanation:

Marginal cost is the amount of money that it would take to produce one more unit of a product that a company is producing.

So for example after you do 10 bracelets the total cost of producing them would be 30, if you want to do one more it would cost 5 extra dollars, those 5 dollars is the marginal cost. So the monetary amount in the example represents the marginal cost of producing an extra unit after finishing the production.

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User Ivo Renkema
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