Which of the Following Conflicts Has Had the GREATEST Military

question 54

Multiple Choice

Which of the following conflicts has had the GREATEST military cost?

• A)World War I
• B)World War II
• C)Korea
• D)Vietnam
• E)Post 9/11: Iraq, Afghanistan, Other

---

Definitions:

Marginal Product

The extra production resulting from the use of one additional unit of a specific input while holding other inputs steady.

Total Cost

The sum of all costs associated with the production or provision of a good or service, including fixed and variable costs.

Variable Cost

Expenses that vary in relation to the amount of production or operations.

Output

The total amount of goods and services produced by an individual, company, or country.