Complete the Following Sentence.Marginal Cost Is

question 31

Multiple Choice

Complete the following sentence.Marginal cost is

• A)the total cost of an activity.
• B)the cost of a decrease in an activity.
• C)the cost of an increase in an activity.
• D)the opportunity cost of a decrease in an activity.
• E)equal to marginal benefit.

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Definitions:

Internet Access

Internet Access is the ability or permission to connect to the web, enabling users to engage in activities such as browsing and emailing.

Latchkey Children

Children who return from school to an empty home because their parents or guardians are at work, often responsible for their own care during these times.

Macroenvironment

The broader, external forces that affect the operations and performance of businesses and markets, including economic, political, and social factors.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group, influencing behaviors and perceptions.