Convert 1.2 × 10^-3 to Decimal Notation

question 63

Multiple Choice

Convert 1.2 × 10^-3 to decimal notation.

• A) 1.200
• B) 0.1200
• C) 0.0120
• D) 0.0012
• E) 0.00012

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Definitions:

Marginal Cost

The cost increase that comes with producing an additional unit of a product or service.

Marginal Revenue

The heightened income realized from the sale of one more unit of a good or service.

Marginal Cost

The price involved in creating one more unit of a specific good or service.

Marginal Revenue

The additional income gained from selling one more unit of a good or service; it’s a critical concept for determining the optimal level of output for a firm.