Examlex

Solved

Judith Bennett,a Student of Carnegie University,recently Conducted a Survey for a Report,on

question 38

Multiple Choice

Judith Bennett,a student of Carnegie University,recently conducted a survey for a report,on the use of campus computer labs.However,she was able to conduct the survey only during the summer months because of which the results were valid only for summer usage instead of the entire year's usage.Which of the following sections should Bennett include this information in?


Definitions:

Marginal Revenue

The additional income obtained from selling one more unit of a product or service.

Marginal Cost

The increment in total pricing necessary for the creation of one more unit of any good or service.

Marginal Revenue

The supplementary earnings obtained by selling an extra unit of a good or service.

Marginal Revenue Curve

A graphical representation showing the additional revenue that is generated by selling one more unit of a good or service.

Related Questions