Describe what fixed costs and marginal costs mean to a company. Choose the correct answer below. A. The number of units at which revenue just equals cost is the fixed cost. Marginal cost is the constant for a particular product and does not change as more items are made. B. Fixed cost is the constant for a particular product and does not change as more items are made. Marginal cost is the rate of change of cost C (x) at the level of production x and is equal to the slope of the cost function at x. C. Fixed cost is the rate of change of cost C (x) at the level of production x and is equal to the slope of the cost function at x. Marginal cost is the constant for a particular product and does not change as more items are made. D. Fixed cost is the constant for a particular product and does not change as more items are made. The number of units at which revenue just equals cost is the marginal cost.
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