Marginal Cost Is Calculated for a Particular Increase in Output

question 102

Multiple Choice

Marginal cost is calculated for a particular increase in output by

• A)multiplying the total cost by the change in output.
• B)multiplying the change in total cost by the change in output.
• C)dividing the total cost by the change in output.
• D)dividing the change in total cost by the change in output.

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Definitions:

Organizational Development

A domain focused on the exploration, theoretical frameworks, and practical applications aimed at enhancing individuals' capabilities to drive more effective changes and improve performance within organizations.

Kurt Lewin

A psychologist known for developing social psychology theories and being one of the founders of modern psychology.

Required Levels

Specific standards or amounts of something that must be achieved or maintained.

Unfreezing Stage

is the initial phase in the change process, where existing habits, beliefs, or practices are challenged in order to prepare for transition.