Which of the Following Statements Is True About Marginal Costs

question 16

Multiple Choice

Which of the following statements is true about marginal costs in high-technology industries?

• A) They are invariably higher than fixed costs.
• B) They are the costs that customers need to bear in order to adopt a new technology.
• C) They include the costs of packaging and product distribution.
• D) They are extremely high in software-making companies.
• E) They do not exist if the product is sold by a sales force directly to end-users.

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Definitions:

Fears

Emotional responses to perceived threats or dangers, varying in intensity from mild caution to extreme phobia.

Modeling

The process of observing and imitating a specific behavior from others, often used as a learning or therapeutic technique.

Mass Hysteria

A phenomenon where collective illusions of threats, real or imaginary, spread through a population leading to widespread fear or irrational behavior.