Multiple Choice
The addition to a business firm's total costs that comes from producing one more unit of output is:
A) total variable cost.
B) marginal cost.
C) sunk cost.
D) opportunity cost.
E) total fixed cost
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Economic profit includes all opportunity costs.
Q20: Economic profits is the difference of total
Q22: Assume that the marginal revenue curve intersects
Q23: Economic profit is the difference between accounting
Q24: Which of the following is not true
Q25: The figure given below shows the revenue
Q26: Scenario 9.1<br>Jane left her job at Siemens
Q75: Scenario 9.1<br>Jane left her job at Siemens
Q115: The table given below reports the marginal
Q116: The table given below reports the marginal