The Incremental Cost of Building the Next Unit of a Good

question 40

Multiple Choice

The incremental cost of building the next unit of a good is called the:

• A)demand curve.
• B)variable cost.
• C)marginal cost.
• D)fixed cost.

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Definitions:

Parasitic

Relating to an organism that lives in or on another organism (its host) and benefits by deriving nutrients at the host's expense.

Mutualistic

A type of symbiotic relationship where both organisms involved benefit from their interaction.

Myxoma Virus

A leporipoxvirus that causes myxomatosis, a disease in rabbits and hares characterized by skin tumors and often leads to death.

Virulent

Characterized by a high degree of pathogenicity; capable of causing disease.