Examlex
Which of the following would normally be considered sufficient to demonstrate due care on the part of the auditor?
Marginal Benefits
The added pleasure or value that comes from the additional consumption or production of a good or service unit.
Marginal Costs
The supplementary cost involved in the production of one more unit of a product or service.
Production Possibilities Curve
A graph that shows the maximum number of possible units of two commodities that a economy can produce with available resources and technology.
Marginal Benefit
The incremental gain in happiness or usefulness obtained through consuming an extra unit of a good or service.
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