Examlex
Which statement regarding photoreceptors is true?
Marginal Cost
The expense associated with creating an extra unit of a product or service.
Marginal Benefit
The further satisfaction or value an individual gains from consuming an extra unit of a certain product or service.
Optimal Quantity
The amount of a good or service that achieves the best balance between cost and benefit.
Sunk Cost
Expenses that have already been incurred and cannot be recovered, which should not influence current or future business decisions.
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