Marginal Cost Equals

question 198

Multiple Choice

Marginal cost equals

• A) total cost minus total variable cost.
• B) total fixed cost divided by total output.
• C) total variable cost divided by total output.
• D) the change in total cost that results from a one-unit increase in output.
• E) the change in fixed cost that results from a one-unit increase in output.

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Definitions:

Learned Helplessness

A condition of a human or animal that has learned to behave helplessly, failing to respond even though there are opportunities for it to help itself by avoiding unpleasant circumstances or by gaining positive rewards.

Expectancy Theory

A psychological theory suggesting that an individual's motivation to engage in an activity is influenced by their expectations of the outcome and the value they place on that outcome.

Social Learning

A theory that suggests individuals learn new behaviors by observing and imitating others, as well as through the rewards or punishments that follow these behaviors.

Planned Behavior

A rephrased definition from Theory of Planned Behavior: Pertains to the actions individuals intend to perform, influenced by their attitudes towards the behavior, societal pressures, and their control over the behavior.