Marginal Cost Is the

question 213

Multiple Choice

Marginal cost is the

• A) change in average cost when an additional unit of output is produced.
• B) the 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.

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Definitions:

Movable Synovial Joint

A movable synovial joint is a type of joint in the body enclosed by a fluid-filled synovial capsule, facilitating a wide range of movements between bones.

Fibrous Joint

Type of joint between two bones that is immovable; sutures are examples of fibrous joints.

Knee

A joint that connects the thigh bone (femur) to the shin bone (tibia), allowing for flexion, extension, and minimal rotation of the leg.

Longest Bone

The femur or thigh bone, which is the largest and strongest bone in the human body, supporting the weight of the body and facilitating movement.