Which of the Following Word Origins Means Motion

question 43

Multiple Choice

Which of the following word origins means motion?

• A)metrikos
• B)mobilis
• C)kinesis
• D)tonus

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Definitions:

Cost-output Elasticity

A measure of how responsive the cost of production is to a change in the output level.

Marginal Cost

The added expense incurred upon producing one further unit of a good or service.

Average Cost

The total cost of production divided by the quantity of output produced, indicating the cost per unit of output.

Short-run Cost Function

A relationship between production cost and output level when one or more inputs are fixed, typically analyzing costs within a time frame that doesn't allow for all factors of production to be adjusted.