The Term Differential Cost Refers To

question 73

Multiple Choice

The term differential cost refers to:

• A) a difference in cost between any two alternatives.
• B) the potential benefit forgone by selecting one alternative instead of another.
• C) a cost which does not entail any dollar outlay but which is relevant to the decision-making process.
• D) a cost which continues to be incurred even though there is no activity.

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Definitions:

Common Binomial Factor

A binomial that is a factor common to two or more polynomials.

Negative Real Number

A real number that is less than zero.

Standard Form

In mathematics, a way to write numbers using the digits 0-9, with each digit having a place value. In algebra, a standard form of an equation might be ax + by = c.

Greatest Common Monomial Factor

The greatest common monomial factor between two or more monomials is the highest monomial that divides each of the monomials without a remainder.