Consider the Following Demand and Cost Information Refer to the Table Above

question 13

Multiple Choice

Consider the following demand and cost information ?

$\begin{array}{|c|c|c|}\hline \underline{\text { Quantity }} & \underline{\text { Price }} & \underline{\text { Total Cost }} \\\hline 0 & € 40 & € 10 \\\hline 1 & € 30 & € 15 \\\hline 2 & € 20 & € 25 \\\hline 3 & € 10 & € 40 \\\hline 4 & € 0 & € 60 \\\hline\end{array}$
Refer to the table above. The marginal cost of the fourth unit
?

• A) €60
• B) €40
• C) €20
• D) €10

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Definitions:

Activity Levels

The degree of physical or mental exertion displayed by an individual, often varying between different people and contexts.

New Situations

Scenarios or environments that are novel or unfamiliar to an individual, requiring adaptation or response.

Irritability

Irritability is a state of increased sensitivity or responsiveness to stimuli, often resulting in easy annoyance or agitation.

Responding to Environment

The process through which organisms interact with and adapt to their surroundings, including physical, biological, and social elements.