Select the Letter of the Correct Order for Each Set

question 34

Multiple Choice

Select the letter of the correct order for each set of details or sentences.
-Our town's community playground is in desperate need of renovation. (1) _____ Some of the playground equipment is broken, so it can injure small children.
(2) _____ The playground is choked with weeds, and several pieces of equipment are peeling and in need of a coat of paint, making the whole area unattractive.
(3) _____ Several pieces of equipment, such as the squeaky teeter-totter and the rusted swing set, are run down and don't function well any more.

• A) 3, 2, 1
• B) 2, 3, 1
• C) 1, 3, 2

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Definitions:

Total Revenue

The total amount of money generated by a business from selling goods or services.

Marginal Revenue

The additional revenue that a firm receives from selling one extra unit of a good or service, often used in decision-making about production levels.

Marginal Revenue

The increased earnings obtained from the sale of one extra unit of a product or service.

Total Cost

The total of all costs associated with the creation of products or services, encompassing both fixed and variable expenses.