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DochEvi [55]
3 years ago
13

The added expense of producing one more unit of output is called the

Social Studies
1 answer:
Oduvanchick [21]3 years ago
7 0

Answer:

Marginal cost

Explanation:

In economics, marginal cost is the change in the total cost that arises when the quantity produced is incremented by one unit; that is, it is the cost of producing one more unit of a good.

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What power did congress have?
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What are the unique properties of water that make it so critical to life? Please choose the correct answer from the following ch
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When planning a trip to Spain, Brett and his wife, both Americans, were concerned about how much they could afford to spend in E
Snezhnost [94]

The correct answer would be option C, Exchange Rate.

When planning a trip to Spain, Brett and his wife, both Americans, were concerned about how much they could afford to spend in Europe because sometimes the U.S. dollar will buy more goods and sometimes it will buy less, based on changing economic conditions. The Exchange rate is the rate at which the currency of one area or country can be exchanged for the currency of another’s.

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When one currency of a country is exchanged with the currency of another country, the rate at which the currencies are exchanged is called as the exchange rate.

For example while planning a trip to Europe from America, the couple have US dollars which they need to exchange in Euros to be able to use the currency in Europe.

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Learn more about Exchange Rate at:

brainly.com/question/10187894

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