The Change in Cost That Results from a One-Unit Increase

question 188

Multiple Choice

The change in cost that results from a one-unit increase in output is called the

• A) average fixed cost.
• B) per-unit variable cost.
• C) per-unit total cost.
• D) marginal cost.
• E) average cost change.

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Definitions:

Anterior End

The front part or head end of an organism, usually where sensory organs are concentrated.

Head End

The anterior or front part of an organism, often containing the brain and sensory organs.

Common Ancestor

A hypothetical or actual species from which two or more descendant species evolved.

Choanoflagellates

A group of free-living unicellular and colonial flagellate eukaryotes considered to be the closest living relatives of animals.