If a firm wanted to know how much it would save by producing one less unit of output, it would look to
A)MC.
B)ATC.
C)AVC.
D)AFC.

Question

Quizplus · Accepted Answer

The firm would look to the Marginal Cost (MC), which measures the change in total cost that arises when the quantity produced changes by one unit. Thus, MC reflects the cost savings or additional costs associated with producing one less or one more unit of output, respectively.

If a Firm Wanted to Know How Much It Would