​Match Each Term with the Appropriate Definition

question 8

Multiple Choice

​Match each term with the appropriate definition.
-the specification of tasks and activities associated with a particular job

• A)​affirmative action
• B)​balance sheet
• C)budgeting
• D)controlling
• E)critical path
• F)data
• G)delegation
• H)income statement
• I)information
• J)job analysis
• K)job design
• L)​leading
• M)​line position
• N)​management
• O)​nutrition informatics
• P)​operating budget
• Q)​operational planning
• R)​organization charts
• S)​organizing
• T)​performance appraisal
• U)​planning
• V)​project management
• W)​span of control
• X)​staff position
• Y)​strategic planning

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Definitions:

Marginal Costs

The price increase resulting from the creation of an additional unit of a product or service.

Marginal Costs

The heightened cost linked to the creation of an extra unit of a product or service.

Inverse Demand Function

A mathematical representation that expresses the price of a good or service as a function of the quantity demanded.

Marginal Cost

The additional expense incurred for producing one more unit of a product or service.