Principles of Microeconomics, Fall 2007 Quiz #1 Name

A)additional cost from one more unit of an activity. B)forgone opportunity. C)additional gain from one more unit of an activity. D)loss of the highest-valued alternative. 8) 9)A cost due to an increase in activity is called A)an incentive loss. B)a negative marginal benefit. C)a marginal cost. D)the total cost. 9) ................
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