Multiple Choice
Marginal cost is the
A) total cost of an activity.
B) cost of an activity minus the benefits of the activity.
C) cost of an increase in an activity.
D) cost of all forgone alternatives.
Correct Answer:
Verified
Related Questions
Q12: Q13: Q14: Q15: Which of the following is an example Q16: Q18: Q19: The loss of the highest- valued alternative Q20: Which of the following is a normative Q21: Which of the following is a macroeconomic Q22: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
![]()
![]()
![]()
![]()