Marginal Cost Is Defined as the Increase in Total Cost

question 109

Multiple Choice

Marginal cost is defined as the increase in total cost resulting from an increase in:

• A)1 unit of output.
• B)output of 100 units.
• C)a firm's plant size.
• D)1 unit of labour.

---

Definitions:

Training Manager

A professional responsible for overseeing the development, delivery, and assessment of training programs within an organization to enhance employee skills and performance.

Instructional Design Process

A systematic methodology for creating educational and training programs in a consistent and reliable fashion to improve learning and performance.

Technical Knowledge

The specific expertise related to the practical applications of scientific and technological concepts, processes, and methods in a particular field of work or study.