Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.

a. A(n) _______ is the cost of making one more unit.

b. Gasoline is one of many ______ in the operation of a motor vehicle.

c. A product’s _______ and _______, not the product’s _______, should be used to forecast total costs at different production volumes.

d. The _______ per unit declines as a production facility produces more units.

e. Costs that differ between alternatives are called _______.

f. In the long run, most costs are _______, meaning that management is able to influence or change the amount of the cost.
g. _______ are costs that have already been incurred.

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Differential costs Marginal cost Uncontrollable costs Variable costs Fixed costs Controllable costs Average cost Sunk costs