It Is Common for Companies to Establish a Separate Organization

question 90

True/False

It is common for companies to establish a separate organization to deal with major accounts.

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Definitions:

MC

Marginal Cost, the change in total production cost that comes from making or producing one additional unit.

AP

Advanced Placement, a program offering college-level curriculum and examinations to high school students in various subjects.

Average Fixed Costs

Costs that remain constant in total regardless of changes in the level of production or output.

Marginal Costs

The incremental cost associated with the production of one more unit of a service or product.