The Marginal Cost Is the Change In

question 8

Multiple Choice

The marginal cost is the change in:

• A) average variable cost as the quantity changes by two units.
• B) total cost as the quantity changes by a number of units.
• C) total variable cost as the quantity changes by one unit.
• D) total fixed cost as the quantity changes by one unit.

---

Definitions:

Ph.D. In Psychology

A Doctor of Philosophy degree in psychology, representing advanced research and study in the field of psychology.

The Animal Mind

The cognitive abilities and mental experiences of non-human animals, exploring how they perceive, think, remember, and make decisions.

Margaret Floy Washburn

The first woman to earn a doctoral degree in psychology (1894) and a significant figure in early psychological research, known for her work in animal behavior and motor theory development.

Ph.D. Degree

A Doctor of Philosophy degree, which is a postgraduate academic degree awarded by universities to candidates who have submitted a thesis based on original research in their field of study.