Choose the Correct Verb to Agree in Number with the Subject

question 2

Multiple Choice

Choose the correct verb to agree in number with the subject of the following sentence. The faculty __________ the scholarship recipients.​

• A) ​select
• B) ​selects

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Definitions:

Marginal Cost

The price associated with the creation of one more unit of a product or service.

Average Total Cost

The per-unit cost of production, calculated by dividing the total cost of production by the quantity of output produced.

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Short-run Marginal Cost Curve

A curve that shows the change in total cost associated with producing one more unit of output in the short term.