Examlex
A substantial revision of the income tax code that made business and personal tax returns much easier to complete would tend to cause which of the following changes in the labor market for accountants?
Marginal Cost
The additional cost incurred in the production of one extra unit of a good or service.
Average Fixed Cost
The fixed costs of production divided by the quantity of output produced; these costs decline as production increases.
Marginal Cost
The financial cost of producing an extra unit of a good or service.
Average Total Cost
The total cost of production divided by the quantity of output produced.
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