Which of the Following Represents the Change in Total Cost

question 59

Multiple Choice

Which of the following represents the change in total cost that results from a one-unit increase in production?

• A)Marginal profit.
• B)Total revenue.
• C)Marginal cost.
• D)Marginal revenue.

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Definitions:

Childhood Disintegrative

A rare condition characterized by late onset (usually after at least two years of normal development) of developmental delays in language, social function, and motor skills.

Repetitive Manner

Performing actions or behaviors over and over again in a consistent and unvarying way.

Self-Stimulatory Behaviors

Repetitive actions or movements, often seen in individuals with developmental disorders, that are used for self-soothing or sensory stimulation.

Statistically Significant

A determination that a relationship between two or more variables is caused by something other than chance at a specified level of probability.