When Using Approach 2 to Convert Metric System Units,if the Conversion

question 12

Multiple Choice

When using Approach 2 to convert metric system units,if the conversion is going toward the smaller unit which of the following is true?

• A) The value should be added to the ratio of the larger factor to the smaller factor.
• B) The value should be divided by the ratio of the larger factor to the smaller factor.
• C) The value should be multiplied by the ratio of the larger factor to the smaller factor.
• D) The value should be subtracted from the ratio of the larger factor to the smaller factor.

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Definitions:

Marginal Revenue

The additional income generated from selling one more unit of a product or service.

Marginal Costs

The supplementary expense incurred from making one more unit of a product or service.

Fixed Costs

Costs that do not vary with the level of output in the short term, such as rent, salaries, and loan payments.

Total Revenue

The total amount of money received by a firm from the sale of its goods or services, calculated as price times quantity sold.