The Following Table Shows the Total Revenue (In Dollars)and Total

question 22

Multiple Choice

The following table shows the total revenue (in dollars) and total cost (in dollars) from the production and sale of different units of a product.
Table 2-1

-Refer to Table 2-1.What is the marginal profit of the firm from the sale of the 2nd unit of the good?

• A)$9
• B)$3
• C)$1
• D)$5
• E)$21

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Definitions:

Vygotskian Theory

A theory of cognitive development proposed by Lev Vygotsky, emphasizing the role of social interaction and cultural context in the development of cognition and learning.

Cognitive Development

The progression and growth of mental processes such as thinking, reasoning, and understanding through different stages of life.

Cultural Influence

The impact that culture has on the way individuals perceive, behave, and interact within society, shaping their values, norms, and practices.

Executive Functions

Executive functions are a set of cognitive processes including attentional control, inhibitory control, working memory, and cognitive flexibility, which are necessary for the cognitive control of behavior.