Ask Question
31 October, 13:16

The extra cost associated with undertaking an activity is called

+3
Answers (1)
  1. 31 October, 14:03
    0
    The extra cost associated with undertaking an activity is called Marginal cost.

    Marginal cost is the additional cost incurred for an additional unit of production or Marginal cost is the extra cost which is incurred for additional activity.

    The concept of marginal cost is used to evaluate the incremental benefit of investing in additional activity by comparing the marginal revenue with the marginal cost.

    Hence, the answer is Marginal cost.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The extra cost associated with undertaking an activity is called ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers