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CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
Pretest
Question 1
1
lesson pretest
Multiple Choice
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Question 1 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
What is the difference between marginal cost and marginal revenue?
Answer
A
Marginal cost is the money a producer might make from one more unit. Marginal revenue is the money a producer actually makes from one more unit.
B
Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.
C
Marginal cost is the money a producer actually makes from one more unit. Marginal revenue is the money a producer might make from one more unit.
D
Marginal cost is the money earned from selling one more unit of a good. Marginal revenue is the money paid for producing one more unit of a good.
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