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MMLU-Pro / 7283 / What is meant by the term marginal costs?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What is meant by the term marginal costs?

category

economics

options

  1. the cost of all produced units
  2. the fixed cost associated with the production facility
  3. the cost of total production
  4. the cost of initial unit of production
  5. the additional cost of one more unit of production
  6. the total revenue generated from the sale of one additional unit
  7. the average cost of all units produced
  8. the cost savings realized from producing one additional unit
  9. the difference in cost between two levels of production
  10. the cost of raw materials for all units produced

src

stemez-Economics

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Source and history

Official source

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