Examlex
Terri lost a leg while serving a tour of duty in Afghanistan. When she returned to the U.S., she followed rehabilitation with joining a gym, then began training to compete in weightlifting in the Paralympic Games. What characteristic is Terri demonstrating?
Variable Cost
Costs that are directly proportional to the level of output or production.
Quantity
The amount or number of a product or service that is available for use or sale.
Marginal Product
The additional output resulting from a one-unit increase in the use of a variable input while holding other inputs constant.
Marginal Cost
The fees associated with creating one additional unit of a good or service.
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