The Cost of Producing an Additional Unit of Output Is

question 352

Multiple Choice

The cost of producing an additional unit of output is the firm's

• A)marginal cost.
• B)productivity offset.
• C)variable cost.
• D)average variable cost.

---

Definitions:

Deferred Need

A requirement or desire that is postponed or delayed for future consideration or action.

Respiratory Infection

An infection that can affect the lungs, bronchial tubes, or upper respiratory tract, leading to symptoms like coughing and difficulty breathing.

Oil Painting

An art form where pigments are mixed with oils to create artwork on canvas or other materials.

Nursing Process

A systematic approach used by nurses to ensure the quality and effectiveness of patient care, involving assessment, diagnosis, planning, implementation, and evaluation.