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Alan is a freshman in the computer science department. One of his professors has embarrassed him in class and then mocked him, saying that Alan will never be as good as she is with computers. In order to prove the professor wrong, Alan decides to break into the main computer at the Department of Defense and leave a note saying the professor is a spy. Alan indeed hacks into the computer and leaves the message. He designed the message to erase itself after 13 hours, leaving no trail and no damage to the computer. If Alan is discovered to be the hacker, has he committed a crime? Explain.
Marginal Cost
The extra expense involved in creating an additional unit of a product or service.
Constant Marginal Costs
A situation where the cost of producing one more unit of a good or service remains unchanged regardless of the volume of production.
Marginal Cost
The rise in overall expenses associated with producing an extra unit of a product or service.
Marginal Benefit
The additional benefit received from consuming one more unit of a good or service.
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