________ is the additional cost resulting from producing and selling one additional unit.
A) Marginal cost
B) Common cost
C) Opportunity cost
D) Target cost

Question

Quizplus · Accepted Answer

Marginal cost is the additional cost incurred for producing one additional unit. It helps in decision-making related to expansion or contraction of production. Common cost refers to the cost shared by multiple products, opportunity cost is the cost of the next best alternative foregone, and target cost is the planned cost of a product required to achieve a desired profit margin.

________ Is the Additional Cost Resulting from Producing and Selling