menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 6: Efficiency and Fairness of Markets
  5. Question
    The Cost of Producing One More Unit of a Good
Solved

The Cost of Producing One More Unit of a Good

Question 251

Question 251

Multiple Choice

The cost of producing one more unit of a good or service is equal to its


A) marginal benefit.
B) producer surplus.
C) marginal expenditure.
D) consumer surplus.
E) marginal cost.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q247: If a firm produces five chairs with

Q248: When a society achieves production efficiency,it is<br>A)

Q249: The concept of "the invisible hand" suggests

Q250: In December 2010,Kansas had a severe ice

Q252: Consumer surplus exists when a<br>A) person buys

Q253: The maximum amount of other goods and

Q254: Which of the following is true for

Q255: At a competitive equilibrium,if there are no

Q256: What are some of the potential obstacles

Q359: If the demand for a good does

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines