Above Is a Firm's Average Product of Labor and Marginal

question 37

Multiple Choice

Above is a firm's average product of labor and marginal product of labor curves.The price of labor is $60 per unit.When the firm uses 6 units of labor,what is marginal cost?

• A)$0.25
• B)$5
• C)$6.67
• D)$7.06
• E)$10.25

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Definitions:

Point Sources

Specific, identifiable origins from which pollutants are discharged into the environment.

Pollutants

Substances that cause contamination or pollution, especially to the natural environment, such as chemicals, noise, or waste products.

Nuisance Doctrine

A legal principle that prevents individuals from using their property in a way that could cause substantial interference or harm to the public or their neighbors.

Distinct Harm

refers to a clear and identifiable damage or injury caused to an individual or property, separate from general or speculative harm.