The Marginal Cost of a Good or Service

question 208

Multiple Choice

The marginal cost of a good or service

• A) can be calculated from the marginal benefit of that good or service.
• B) decreases as more of the good or service is produced.
• C) can be derived from the production possibilities frontier.
• D) graphs as a positively sloped curve, so it cannot be derived from the production possibilities frontier, which is downward sloping.
• E) None of the above answers is correct.

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Definitions:

Dental Assistant

A healthcare professional who supports dental practitioners in providing patient care, preparing and maintaining dental instruments and equipment.

Scope of Practice

The boundaries defined by law and professional guidelines within which a professional operates, including what tasks they are competent and authorized to perform.

Outpatient Center

A healthcare facility where patients receive treatments or services but do not stay overnight.

Occupational Analysis

The examination of the tasks, duties, and responsibilities of a job to determine the skills, knowledge, and abilities required.