Which of These Is NOT a Step in Protecting Trade

question 7

Multiple Choice

Which of these is NOT a step in protecting trade secrets?

• A)Using warning labels
• B)Confidentiality agreements
• C)Restricting physical access
• D)Only known to company employees and suppliers

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Definitions:

Marginal Cost

The financial increase associated with the generation of one more unit of a product or service.

Average Variable Cost

The variable cost per unit of output, calculated by dividing the total variable costs by the quantity of output produced.

Market Price

The prevailing cost at which a service or product can be acquired or disposed of in a marketplace.

Marginal Cost

The cost of producing one more unit of a good or service, which can vary depending on the level of production.