Marginal Cost

question 38

Multiple Choice

Marginal cost

• A)is constantly increasing,but as output increases it increases by smaller and smaller amounts.
• B)decreases at low outputs until it reaches its minimum value,then remains constant.
• C)decreases at low outputs and increases at high outputs.
• D)increases at low outputs until it reaches its maximum value,then remains constant.
• E)is constantly decreasing,but as output increases it decreases by smaller and smaller amounts.

---

Definitions:

Acquisition

The act of one business securing the bulk or all of another company’s equity to take over control.

Shareholders

Individuals or entities that own shares in a corporation, thus holding a portion of the company's equity.

Proxy Contests

A competition for the proxy votes of shareholders, typically aimed at gaining control of the company's board of directors.

Shareholder Votes

The process by which company shareholders exercise their right to vote on corporate matters, typically during annual general meetings.