The Cost of a One-Unit Increase in an Activity

question 133

Multiple Choice

The cost of a one-unit increase in an activity

• A)is called the marginal cost.
• B)is called the marginal benefit/cost.
• C)is called the total one-unit cost.
• D)is called the unit cost.
• E)decreases as more of the activity is done.

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Definitions:

False Pretenses

Obtaining money, property, or services from another through misrepresentation or deceit.

Alimony Obligations

Financial support that one spouse is legally obligated to provide to the other during or after divorce proceedings.

Check Kiting

A fraudulent banking practice involving the use of non-existent funds or delays in the banking system to artificially inflate the balance of a bank account.

Check Defalcation

The misappropriation or embezzlement of funds involving a check, either by altering the check or by unauthorized issuance.