The Marginal Cost Is The

question 242

Multiple Choice

The marginal cost is the:

• A) b and c.
• B) change in total cost as the quantity changes by one unit.
• C) change in total variable cost as the quantity changes by one unit.
• D) change in total fixed cost as the quantity changes by one unit.
• E) same as the fixed cost when average fixed cost is at a minimum.

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Definitions:

Portfolio Beta

A measure of the volatility, or systematic risk, of a portfolio in comparison to the market as a whole.

Beta

A measure of a stock's volatility in relation to the overall market; used in the CAPM to calculate a stock's expected return.

Coefficient Of Variation

A statistical measure that indicates the relative variability of data points in a data series around the mean, often used to assess the risk of an investment.

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.