Choose the Best Answer $3200 \mathrm {~L}$ B) $3200 \mathrm {~cm} ^ { 3 }$

question 95

Multiple Choice

Choose the best answer.
-The amount of water in a cityʹs water tower is about

• A) \(3200 \mathrm {~L}\)
• B) \(3200 \mathrm {~cm} ^ { 3 }\)
• C) \(3200 \mathrm {~kL}\)
• D) \(3200 \mathrm {~mL}\)

---

Definitions:

Marginal Costs

The additional cost incurred by producing one extra unit of a product or service.

Economic Profits

Profits exceeding the opportunity costs of a next best alternative, measuring the extent to which a firm has generated excess returns over its costs, including the cost of capital.

Cost of Capital

The rate of return a company must earn on its investments to maintain its market value and attract funds.

Break-Even Quantity

The number of units that must be sold to cover all fixed and variable costs, resulting in neither profit nor loss.