Which of the following is an example of marginal cost? A. The amount of time Cindy gives up studying to mow lawns. B. The amount of time it takes Cindy to mow one additional lawn. C. The amount of time Cindy spends gathering resources to mow lawns. D. The amount of time Cindy spends mowing the lawns of all her clients

Business · High School · Mon Jan 18 2021

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The example that represents marginal cost is B. The amount of time it takes Cindy to mow one additional lawn.

Marginal cost refers to the additional cost incurred by producing one more unit of a good or service. In this case, the time it takes Cindy to mow one additional lawn represents the additional cost or effort required to produce that extra unit of service.

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