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a curve shows the marginal cost of producing one more unit of a good or service. question 1select one: a. supply b. demand c. marginal benefit d. production possibilities

1 Answer

4 votes

Final answer:

The subject of this question is supply. The curve that shows the marginal cost of producing one more unit of a good or service is a key concept in economics and is represented by the supply curve. The marginal cost represents the additional cost incurred for producing one more unit of a good or service.

Step-by-step explanation:

The curve that shows the marginal cost of producing one more unit of a good or service is a key concept in economics and is represented by the supply curve. The marginal cost represents the additional cost incurred for producing one more unit of a good or service. It is important for producers to consider marginal costs when making production decisions, as it helps them determine the optimal level of output.

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User Farrellmr
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