Increase or decrease of n-units of output

Q.  As per J.M. Clark, when a decision has to be made involving _________, the difference in cost between two policies may be considered to be the cost really incurred on account of these n-units of business.
- Published on 04 Sep 15

a. An increase of n-units of output
b. A decrease of n-units of output
c. An increase or decrease of n-units of output
d. None of the above

ANSWER: An increase or decrease of n-units of output

Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)