Match Each Term to the Correct Descriptor

question 3

Multiple Choice

Match each term to the correct descriptor. Terms may be used more than once or not at all.
-Can be elicited by lightly stroking the inner surface of the lips

• A)rooting reflex
• B)sucking reflex
• C)gag reflex
• D)vomit reflex
• E)cough reflex
• F)pain reflex

---

Definitions:

Marginal Cost

Marginal Cost refers to the increase in total production cost that arises from producing one additional unit of a good or service.

Economic Profits

The surplus achieved when the revenue from business activities exceeds both the explicit and implicit costs, differing from accounting profits by considering opportunity costs.

Accounting Profits

The total revenue of a company minus total explicit costs; the profit figure reported in financial statements.

Marginal Revenue

The additional income received from the sale of one more unit of a product or service.