Asked by DeAndra Kelly on May 30, 2024
Verified
(Table: Marginal Cost of Sweatshirts) Use Table: Marginal Cost of Sweatshirts.The marginal cost of producing sweatshirts is an example of _____ marginal costs.
A) decreasing
B) increasing
C) constant
D) random
Marginal Costs
The extra expense associated with making an additional unit of a product or service.
- Identify the impact of learning on marginal expenses.
Verified Answer
PF
Parker FitnessMay 31, 2024
Final Answer :
B
Explanation :
The marginal cost of producing sweatshirts increases as the number of sweatshirts produced increases. This is because as production increases, additional resources are needed, which drives up the cost per unit. Therefore, the marginal cost of producing sweatshirts is an example of increasing marginal costs.
Learning Objectives
- Identify the impact of learning on marginal expenses.