arrow
arrow
arrow
The cost of producing one additional unit of output is referred to as:
Question



The cost of producing one additional unit of output is referred to as:

A.

Marginal Cost

B.

Total Cost

C.

Average Cost

D.

Fixed Cost

Correct option is A


The correct answer is Marginal Cost.
Marginal Cost refers to the increase in total cost that arises from producing one additional unit of a product. It helps in decision-making regarding production levels by assessing the cost-effectiveness of increasing output.

Free Tests

Free
Must Attempt

DSSSB PRT Full Mock - 01

languageIcon English
  • pdpQsnIcon200 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon120 Mins
languageIcon English
Free
Must Attempt

Educational Psychology & Pedagogy - 01

languageIcon English
  • pdpQsnIcon20 Questions
  • pdpsheetsIcon20 Marks
  • timerIcon15 Mins
languageIcon English
Free
Must Attempt

DSSSB PRT PYP Held on 7th March 2022 Shift 1

languageIcon English
  • pdpQsnIcon200 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon120 Mins
languageIcon English
test-prime-package

Access ‘DSSSB PGT’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
370k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow