If the Marginal Revenue Product of the Fifth Worker Is

question 72

Multiple Choice

If the marginal revenue product of the fifth worker is $15, the price of the last unit of output produced is $5, and the firm sells as a price searcher, then the marginal product of the fifth worker is

• A)3 units of output
• B)45 units of output
• C)fewer than 3 units of output
• D)greater than 3 units of output
• E)greater than 75 units of output

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Definitions:

Thalamus

A major part of the brain situated at the top of the brainstem, serving as a key relay station for sensory signals except for the sense of smell.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood, controlling basic emotions and drives.

Cognition

encompasses all aspects of intellectual functions and processes related to knowing, including perceiving, recognizing, conceiving, and reasoning.

Emotions And Memories

The interlinked aspects of how emotions significantly influence the creation, storage, and retrieval of memories.