The curve that shows the change in total cost that accompanies a change in quantity produced and sold is called the:
A) marginal revenue curve.
B) marginal cost curve.
C) profit curve.
D) average revenue curve.
E) revenue curve.

Question

Quizplus · Accepted Answer

The marginal cost curve represents the change in total cost that results from producing one additional unit of a good or service. It is a key concept in economics for understanding how costs vary with changes in production levels.

The Curve That Shows the Change in Total Cost That