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Match the term with the definition:
-Measure ability to accomplish more independent tasks such as cleaning, shopping, managing finances, preparing meals, and using the telephone
Performance
The act of performing; executing or accomplishing something such as tasks or operations, measured against pre-set standards.
Variable Costs
Costs that vary directly with the level of production or output, such as raw materials, packaging, and direct labor, which increase as production increases and decrease as production decreases.
Marginal Revenue
The additional income earned from selling one more unit of a good or service, an important concept in pricing and production decisions.
Total Revenue
The total amount of money generated by the sale of goods or services by a company before any costs are subtracted.
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