Marginal Cost Is the Change In

question 124

Multiple Choice

Marginal cost is the change in:

• A)total product resulting from a one-unit change in a variable input.
• B)total cost resulting from a one-unit change in quantity of a variable input.
• C)total cost divided by the change in output.
• D)average cost resulting from a one-unit change in quantity of output.

---

Definitions:

CBT

Cognitive Behavioral Therapy, a psychotherapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Psychotherapy

A therapeutic treatment involving psychological methods, typically involving regular personal interaction with a professional, to help a person change behavior and overcome problems in desired ways.

Parents

The mother and father or legal guardians of a child, responsible for their caretaking and upbringing.

Children

Young human beings, specifically individuals from birth to adolescence.