The Cost of a One-Unit Increase in an Activity Is

question 165

Multiple Choice

The cost of a one-unit increase in an activity is called the

• A)marginal cost.
• B)opportunity benefit.
• C)margin.
• D)rational cost.
• E)marginal benefit.

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Definitions:

Bonds

A form of interest-bearing notes payable issued by corporations, universities, and governmental entities.

Investing Activity

Transactions involving the purchase and sale of long-term assets and other investments not considered as cash equivalents.

Interest

Payment for the use of another person’s money.

Bonds Payable

Bonds payable refers to long-term debt instruments issued by a company to investors, promising to pay back with interest at specified maturity dates.