In Economics,a Marginal Value Refers To

question 42

Multiple Choice

In economics,a marginal value refers to:

• A)the value associated with an unimportant,or marginal,activity.
• B)a value entered as an explanatory item in the margin of a balance sheet or other accounts.
• C)the value associated with one more unit of an activity.
• D)a value that is most appropriately identified in a footnote.

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Definitions:

Policies, Rules

Established guidelines and instructions that dictate the expected conduct and procedures within an organization or society.

Direct Supervision

The act of overseeing employees' work directly, often with the supervisor physically present or in close proximity.

Functional Departmentation

Is grouping individuals by skill, knowledge, and action.

Grouping of Individuals

The organization or classification of people into groups based on shared characteristics, objectives, or interests.