A Benefit from an Increase in Activity Is Called the

question 347

Multiple Choice

A benefit from an increase in activity is called the

• A) marginal benefit.
• B) economic benefit.
• C) total benefit.
• D) opportunity benefit.

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Definitions:

Fabrication Department

A section within manufacturing focused on constructing parts or products by cutting, shaping, and assembling components.

Service Costs

Expenses incurred in delivering services to customers, including labor, materials, and overhead related to the service operation.

Return on Investment

A financial performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of the investment.

Investment Opportunity

An asset or item that can potentially generate a significant return or profit through appreciation, dividends, or interest.