Marginal cost pricing is a system of pricing in which the price charged equals the marginal cost of:
A) the first unit produced.
B) each unit produced.
C) the last unit produced.
D) the profit-maximization unit.

Question

Quizplus · Accepted Answer

Marginal cost pricing involves setting the price equal to the marginal cost of the last unit produced, which is the cost of producing one additional unit.

Marginal Cost Pricing Is a System of Pricing in Which