What is his marginal or incremental cost for the Antrim book of business?

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19-07-2022
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What is his marginal or incremental cost for the Antrim book of business?

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jayilych4real jayilych4real · Answer 1 · 2022-07-20T23:22:24+02:00

An example of a marginal cost is, to produce 20 cars cost $400, and then if you produce an additional car, you'll spend $40, this is the marginal cost.

What is Marginal Cost?

This refers to the added cost that is gotten when an extra unit is produced.

Hence, we can see that your question is incomplete, so I gave you a general overview so you would get a better understanding of the concept,