The additional benefits that arise by using an additional unit of the managerial control variable is defined as the:
A) total benefit.
B) opportunity cost.
C) marginal benefit.
D) present value of benefits.

Question

Quizplus · Accepted Answer

The additional benefits that arise by using an additional unit of the managerial control variable is known as the marginal benefit. This is the benefit that a company receives by increasing their production or investing in a new project. The other options are not relevant to this concept.

The Additional Benefits That Arise by Using an Additional Unit