Refer to Scenario 7.1. Which piece of information would NOT be helpful in calculating the marginal cost of the 75th unit of output?

A) The total cost of 75 units
B) The total cost of 74 units
C) The variable cost of 75 units
D) The variable cost of 74 units
E) The firm's fixed cost

Marginal Cost

The elevation in comprehensive cost stemming from the creation of one more unit of a good or service.

Fixed Cost

Fixed costs are business expenses that remain constant regardless of the quantity of goods or services produced, such as rent or salaries.

Total Cost

The sum of fixed and variable costs incurred by a firm in producing and distributing a specified level of output.