A Marginal Change Is a

question 41

Multiple Choice

A marginal change is a

• A)change that involves little,if anything,that is important.
• B)large,significant adjustment.
• C)change for the worse,and so it is usually a short-term change.
• D)small,incremental adjustment.

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Definitions:

Loss

A financial term representing the amount by which expenses exceed revenues.

Acceptance

The agreement to the terms of an offer, contract, or document, thereby creating a legally binding obligation.

Income

The total amount of money received by a person or company during a certain period, usually from work, investments, or business activities.

Loss

A financial condition where total expenses exceed total revenues, resulting in a negative profit.