marginal benefit
comparison
fraud
financing
marginal cost
t
ttt
t
the act of being dishonest to take
advantage of someone
change in benefit in response to a specific
action
an examination of how things are the same
or different
the cost associated with one additional unit
of a production
buying something on credit
Match each word with the phrase that best defines it.

Respuesta :

The matches can be related to the terms and phrases can be made as under,

  1. Marginal Benefit – the change in benefit in response to a specific action
  2. Marginal Cost – the cost associated with one additional unit;
  3. Comparison – an examination of how things are the same or different;
  4. Fraud – the act of being dishonest to take advantage of someone;
  5. Financing – buying something on credit.

What is a marginal cost?

The cost undergone by a firm or a producer to produce or manufacture one additional unit of a product, with other things being equal, is known as the marginal cost.

Hence, 1-B; 2-D; 3-A; 4-E and 5-C are the correct matches to the terms and phrases like marginal costs given above.

Learn more about marginal cost here:

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