Matching Match the Ocean Floor Sediment with Each Phrase

question 38

Multiple Choice

Matching. Match the ocean floor sediment with each phrase.
-diatom ooze

• A)biogenous
• B)terrigenous
• C)hydrogenous

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Definitions:

Incremental Cost

The additional cost incurred to produce one more unit of a good or service.

Opportunity Cost

The potential benefit that is missed out on when choosing one alternative over another.

Opportunity Costs

The cost of an alternative that must be foregone to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.

Make Total Cost

An approach to calculate the comprehensive cost of manufacturing a product, including raw materials, labor, and overheads.