A Cost Unit Can Be

question 33

Multiple Choice

A cost unit can be:

• A)a product.
• B)a department.
• C)a job.
• D)all of the above.

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Definitions:

Marginal Profit

Marginal profit is the increase in profit that results from selling an additional unit of a product or service.

Marginal Product

The additional output resulting from one more unit of a particular input, showing the contribution of that input to total production.

Marginal Product

The additional output resultant from increasing one unit of a specific input, holding all other inputs constant.

Marginal Profit

The increase in profit that results from selling one additional unit of a product or service.