Solved

The Change in Cost Resulting from Producing One Additional Unit

Question 40

Multiple Choice

The change in cost resulting from producing one additional unit of output is

A) average total cost
B) total variable cost
C) average variable cost
D) marginal cost
E) total cost

Related Questions

Q35: If a firm experiences economies of scale,then,as

Q36: Total product begins to decline when diminishing

Q37: If a firm increases its output level

Q38: Which of the following is the best

Q39: If Babette's Bicycle shop can rebuild three

Q41: In many markets for personal services (such

Q42: If marginal cost is greater than average

Q43: When firms become so large that they

Q44: If a firm is experiencing constant returns

Q45: Consider a firm that needs one day