Cost Schedule -In the Above Table, When Output Increases from 8 to Increases

question 112

Multiple Choice

Cost schedule

-In the above table, when output increases from 8 to 12 units, the marginal cost of one of those 4 units is

• A) $1.20.
• B) $2.00.
• C) $5.00.
• D) $15.00.

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Definitions:

B State

A concept in psychology that refers to an individual's internal state, such as mood or emotion, which can affect behavior and perception.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing information and controlling responses.

Habituation

The decreasing responsiveness to a stimulus after repeated exposure.

Sensitization

An increased responsiveness or sensitivity to a stimulus, often resulting from repeated exposure to the stimulus.