Marginal cost is the change in total cost that results from
A) reducing the total number of units produced.
B) increasing the number of units produced by one percent.
C) increasing the number of products in a product line.
D) producing and marketing one additional unit of a product.
E) the percentage change that results from changing a product feature or service benefit to reduce costs.
Correct Answer:
Verified
Q172: The unit variable cost (UVC) equals variable
Q190: Break-even analysis refers to
A)a process that investigates
Q191: The break-even point (BEP) = [Fixed cost
Q197: Each month, the owner of a car
Q198: A technique that analyzes the relationship between
Q200: The break-even point (BEP) = [Fixed cost
Q248: The change in total cost that results
Q252: The quantity at which total revenue and
Q256: The owner of a small restaurant that
Q258: Marginal cost refers to
A)the sum of the
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