Marginal cost is defined as
A) the cost you incur no matter which choice you make.
B) a small change in cost.
C) the addition to total cost incurred as a result of a decision.
D) the total cost incurred as a result of a decision.
Correct Answer:
Verified
Q70: on line matchmaking services specializing in people
Q71: In economic language,the term cost always means
A)the
Q72: The opportunity cost of attending college can
Q73: Opportunity costs are
A)subjective because each person determines
Q74: Steve and Karen decide to attend the
Q76: The concept of marginal cost refers to
Q77: Suppose you have four choices go to
Q78: Sam Slapshot graduates from college with a
Q79: Fred and Ann both decide to see
Q80: Sunk costs are
A)costs incurred in the past
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