Demonstrate Your Understanding of the Difference Between Active Voice and Passive

question 59

Essay

Demonstrate your understanding of the difference between active voice and passive voice by explaining each term and providing a relevant example for each.

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Definitions:

Marginal Revenue

The additional income received from selling one more unit of a product or service.

Average Variable Costs

The total variable costs of production divided by the quantity of output produced, indicating the cost of producing each unit.

Average Total Costs

Represents the total expense per unit of output, comprising both fixed and variable costs, essential for assessing a company’s efficiency.

Competitive Market

A market structure characterized by a large number of buyers and sellers where no single participant can influence the price.