ROI Is the Organization's

question 111

Multiple Choice

ROI is the organization's

• A) return on interest.
• B) return on innovation.
• C) return on investment.
• D) return on intangible assets.

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Definitions:

Economic Profit

The excess of total revenue over the complete aggregation of both transparent and hidden costs.

Marginal Revenue

The supplementary income a company accrues from the sale of one additional unit of a product or service.

ATC

Average Total Cost, the total cost of production divided by the number of units produced, representing the average cost per unit of output.

Profit-Maximizing Rule

A principle that states a firm reaches its highest profit when its marginal cost equals its marginal revenue.