Marginal Cost Is the ________ Associated with Undertaking an Activity

question 110

Multiple Choice

Marginal cost is the ________ associated with undertaking an activity.

• A)total cost
• B)extra cost
• C)opportunity cost
• D)foregone cost

---

Definitions:

Workers

Individuals engaged in doing a job or work, typically in exchange for payment or salary.

Absenteeism

The habitual non-presence of an employee at their job, which can be a significant issue for employers in terms of productivity and efficiency.

Older Employees

Individuals in the workforce who are typically beyond the average age of retirement, often possessing extensive experience and knowledge.