The Introduction of a Proposal Should

question 26

Multiple Choice

The introduction of a proposal should

• A)summarize the solution to a problem.
• B)explain the details of the solution.
• C)identify the method to be used to solve the problem.
• D)emphasize how the reader will benefit from the solution.
• E)indicate what the job will cost.

---

Definitions:

Average Variable Cost

The sum of all costs that vary with output levels, divided by the total number of units produced.

Marginal Cost

The increase or decrease in total production cost when producing one additional unit of a good.

Average Cost

The total cost of production divided by the quantity of output produced, also known as the cost per unit.

Marginal Cost

The escalation in aggregate cost that comes from generating one more unit of a product or service.