Production is termed as the manufacturing of the raw materials in the machines or the advanced technology in order to produce products and services for the demand fulfillment of the customers.
The correct answer analyzing the graph is the first pair of cleats.
The marginal cost is the cost that is incurred at the change in the total cost at the situation when the production of the goods and services increases and the quantity demanded changes. This is computed by dividing the change in cost by the change in the quantity of the goods and services produced for the consumption of the customers.
In the graph shown here, the cleats are the metal material that has been utilized for the curve showing the level of production in the graph of the soccer cleats. In the graph shown here, the cleats are the metal material that has been utilized for the curve showing the level of production in the graph of the soccer cleats.
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https://brainly.com/question/12060870
