Which of the Following Completes the Sentence,'Consumers Weigh ______ Word

question 58

Multiple Choice

Which of the following completes the sentence,'Consumers weigh ______ word of mouth more heavily they do ______ comments'.

• A)negative,positive
• B)positive,positive
• C)positive,negative
• D)negative,negative
• E)none of these

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Definitions:

Marginal Cost

The change in total production cost that comes from making or producing one additional unit.

Total Cost

The total amount of money spent on creating goods or services, encompassing both constant and fluctuating expenses.

Average Total Cost

The total cost of production divided by the number of units produced, representing the cost per unit of output.

Total Fixed Cost

The aggregate of expenses that do not vary with changes in production levels or outputs.