On Occasions, It Is Okay to Say 'No' to Someone

question 7

True/False

On occasions, it is okay to say 'No' to someone at work who is asking you to take on an extra workload; this can help you to avoid burnout.

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Definitions:

Marginal Revenue

The additional income earned by selling one more unit of a product.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the total quantity produced, typically graphed to analyze cost behaviors over varying output levels.

Average Total Cost

The total cost of production divided by the number of units produced, representing the cost per unit of output.

Marginal Revenue

The boost in income from the sale of an additional unit of a product or service.