Don Keene promotes boxing matches.He makes $6,500 per fight.Which cost is most relevant to a decision as to whether to promote one more fight?

Question

Quizplus · Accepted Answer

The most relevant cost to consider for the decision of promoting one more fight is the marginal cost, which in this case is the cost of promoting one additional boxing match. This is because the decision to promote one more fight depends on how much additional revenue it will generate compared to the marginal cost of promoting the fight. The other options, such as the total cost, average fixed cost, and sunk cost, are not as relevant for this specific decision.

Don Keene Promotes Boxing Matches