Designing,marketing,customer Services,research and Development Expenses Are Operating Costs

question 213

True/False

Designing,marketing,customer services,research and development expenses are operating costs.

---

Definitions:

Marginal Cost (MC)

The expense associated with the production of an extra unit of a product or service.

Total Production

The aggregate amount of goods or services produced by an entity during a specific period.

Marginal Revenue (MR)

The increase in income resulting from the sale of one extra unit of a good or service.

Marginal Cost (MC)

The growth in overall expenses incurred from the manufacture of an extra unit of a product or service.