Which of the Following Is the Basic Unit Used to Measure

question 34

Multiple Choice

Which of the following is the basic unit used to measure weight in the metric system?

• A) Gram
• B) Grain
• C) Ounce
• D) Pound
• E) Dram

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Definitions:

Total Revenue

The total income received by a firm from selling its goods or services before any costs or expenses are deducted.

Marginal Product

The rise in production resulting from the use of one more unit of input.

Value of the Marginal Product

The extra income produced from the use of an additional unit of input, like capital or labor.

Marginal Product (MP)

The extra output generated from increasing the quantity of a particular input by one, while keeping other inputs unchanged.