Marginal Cost Is the

question 200

Multiple Choice

Marginal cost is the

• A)change in average cost when an additional unit of output is produced.
• B)additional output when total cost is increased by one dollar.
• C)additional cost of producing an additional unit of output.
• D)change in the price of inputs if a firm buys more inputs to produce an additional unit of output.

---

Definitions:

Thalamus

A part of the brain that acts as a relay station for sensory information, excluding smell, directing it to the appropriate areas of the brain for processing.

Two-Factor Theory

A psychological theory proposing that emotions are composed of two factors: physiological arousal and cognitive interpretation.

Physical Arousal

The bodily response to stimuli, characterized by increased physiological activity, including heart rate, blood pressure, and energy levels.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for physical activity by triggering the "fight or flight" response.