Examlex

Solved

Pollution Without a Central Source of Origin Is Termed

question 61

Multiple Choice

Pollution without a central source of origin is termed


Definitions:

Marginal Cost Curve

A graphical representation showing how the cost to produce one additional unit of a good changes as the production volume is increased.

Average Variable Cost Curve

A graph that displays how the variable cost per unit changes with changes in output level.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one more unit of a good varies as the production level increases.

Average Total Cost

The total cost of production divided by the quantity of output produced; it combines all fixed and variable costs per unit of output.

Related Questions