[Solved] Marginal cost is the -

Q.	Marginal cost is the -
A.	cost of producing a unit of output
B.	cost of producing an extra unit of output
C.	cost of producing the total output
D.	cost of producing a given level of output
Answer» B. cost of producing an extra unit of output
Explanation: Marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost of producing one more unit of a good. In general terms, marginal cost at each level of production includes any additional costs required to produce the next unit.

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