Marginal Cost Is the Increase in Total ________ That Results

question 273

Multiple Choice

Marginal cost is the increase in total ________ that results from a one-unit increase in ________.

• A) fixed cost; the fixed input
• B) cost; output
• C) variable cost; the variable input
• D) fixed cost; output

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Definitions:

Battery

In legal terms, an intentional unconsented-to physical contact or harm caused by one person to another.

Assault

An act creating a fear in another person of imminent harmful or offensive contact.

Intrusion

Unauthorized or unwanted entry into another person’s space, privacy, or affairs.

False Light

A privacy tort that occurs when highly offensive information is published about an individual that is not valid or places the person in a false light.