The Change in Total Costs Due to a One-Unit Change

question 220

Multiple Choice

The change in total costs due to a one-unit change in the production rate is

• A) total fixed cost.
• B) total variable cost.
• C) marginal cost.
• D) average total cost.

---

Definitions:

Collateral

An asset or property that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.

Coupon Interest Rate

The annual interest rate paid on a bond or fixed-income security, expressed as a percentage of the face value.

Carrying Amount

Also known as book value, this represents the value of an asset as recorded in the company's books, accounting for depreciation and amortization.

Face Value

The nominal value or original monetary value printed on a security or currency note.