Marginal cost is . the cost that can be traced to a specific product another name for the fixed cost per unit the cost incurred to produce one more unit of a product what is given up by selecting one alternative over another

the cost incurred to produce one more unit of a product

Explanation:

Marginal cost can be defined as the additional cost that a firm incurs when it produces one additional unit of output.

The marginal cost of a good can be found using the following formula:

Marginal Cost = Change in cost / change in quantity

The answer is: Mortgage

Explanation:

A secured credit is any type of credit that s backed by some type of collateral. The most common secured loans for a family is their house mortgage. The house is the collateral of the credit.

But businesses can also take secured credits, for example they can buy machinery and the machinery can serve as collateral for the credit. Usually businesses will use fixed assets as collateral, e.g. buildings, warehouses, machinery, etc.