A Firm That Can Sell Its Output for $40 Per

question 117

Multiple Choice

A firm that can sell its output for $40 per unit. When it increases its labor force from 4 workers to 5 workers its output increases from 15 to 17 units. The value of marginal product of the 5th worker is

• A) $680.
• B) $340.
• C) $80.
• D) $40.

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Definitions:

Computerised Tomography

A medical imaging technique that uses computer-processed combinations of multiple X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object, allowing the user to see inside the object without cutting.

Positron Emission Tomography

A nuclear medicine functional imaging technique used to observe metabolic processes in the body as an aid to the diagnosis of disease.

Electrical Stimulation

A therapeutic method or research tool that applies electrical currents through electrodes to stimulate nerves, muscles, or brain areas for various purposes.

Parasympathetic

Pertaining to the part of the autonomic nervous system that conserves energy by slowing the heart rate and relaxing muscles after periods of stress.