A Subsidiary Company Is a Company That

question 59

Multiple Choice

A subsidiary company is a company that:

• A)is controlled by another corporation.
• B)owns a controlling interest in another company.
• C)is the first to begin operations in an industry.
• D)that has a trading investment in another company.

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Definitions:

Marginal Cost

The hike in expense for producing another unit of a product or service.

Marginal Revenue

The extra revenue a company earns by selling an additional unit of a product or service.

Output Level

The quantity of goods or services produced by a business, industry, or economy at a given time.