In business applications, the derivative of the cost function is called the:
AMarginal cost
BManaged cost
CMaterial cost
DMonthly cost
Answer & Solution
Correct answer: A. Marginal cost
1. It estimates the cost of one more unit.
2. It comes from differentiating cost.
3. That is the marginal cost.
_Source: OpenStax Calculus Volume 1, Chapter 3, Derivatives._
Keep practising Derivatives
Browse all Derivatives questions for BHU UET PG, or explore more Mathematics topics.