Marginal cost is the correct answer.
What is marginal cost?
"The marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity".
For the given question,
The increase in total costs required to produce one additional unit of output is referred to as marginal cost.
Hence we can conclude that marginal cost is the correct answer.
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