The Change in Total Cost from Producing Another Unit of Output

question 106

Multiple Choice

The change in total cost from producing another unit of output equals the

• A) average total cost.
• B) variable cost.
• C) average variable cost.
• D) marginal cost.

---

Definitions:

Developmental Psychology

A branch of psychology that studies how people grow and change throughout the life span, from infancy to old age.

Elderly

Individuals who are significantly beyond the average age of the adult population, often considered as those who are 65 years or older.

Developmental Psychologist

A professional specializing in understanding and explaining how and why human beings change over the course of their lives.

Single-Parent Home

A household in which one parent is responsible for the care and upbringing of the children due to various reasons such as divorce, death, or single choice.