For a Given Firm, Marginal Factor Cost Is the Same

question 85

Multiple Choice

For a given firm, marginal factor cost is the same dollar amount no matter what quantity of a factor it purchases. This firm is a

• A)product price taker.
• B)product price searcher.
• C)factor price taker.
• D)factor price searcher.
• E)none of the above

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Definitions:

Toolmakers

Beings (often humans) who create, modify, or use tools, enhancing their ability to interact with and manipulate their environment.

Scavenging

The act of searching for and collecting food or resources by animals, including humans, from waste or dead organisms.

Atapuerca

An archaeological site in Spain known for its significant prehistoric human fossils and artifacts.