Examlex

Solved

Which One of the Following Might Shift the Marginal Cost

question 81

Multiple Choice

Which one of the following might shift the marginal cost curve from MC1 to MC2? Which one of the following might shift the marginal cost curve from MC<sub>1</sub> to MC<sub>2</sub>?   A) major new studies strongly linking cancer to pollution B) improved technology for reducing pollution C) a change in consumer tastes from services to manufactured goods D) an increase in the price of recycled goods


Definitions:

Supplies

Items that are used in the day-to-day operation of a business but do not directly become part of the finished product.

Fees Earned

Income received by a company or professional for services rendered.

Credit

A bookkeeping entry that increases liabilities or equity on the balance sheet or decreases an asset or expense account on the income statement.

Understated

Describes a situation where the amount, value, or importance of something is reported lower than it actually is, potentially affecting financial statements and analysis.

Related Questions