Use the Following to Answer Question

question 308

Multiple Choice

Use the following to answer question:
-(Table: Output and Costs) Use Table: Output and Costs.When output increases from 1 to 2,marginal cost equals:

• A)$13.
• B)$10.
• C)$8.
• D)$17.

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Definitions:

Reward-To-Risk Ratio

An assessment tool employed by investors to evaluate the potential returns of an investment relative to the level of risk involved in achieving those returns.

Market Efficiency

describes a market in which asset prices fully reflect all available information at any given time, making it impossible to consistently achieve higher returns.

Unexpected Return

The difference between the actual return of an investment and the expected return, usually arising from unexpected factors or events.

Expected Return

The anticipated return on an investment, accounting for the probabilities of different outcomes, including gains and losses.