A Pure Culture

question 8

Multiple Choice

A pure culture

• A) is a population of identical cells.
• B) was cultured for a certified stock culture.
• C) is sterile.
• D) is made of a clearly defined chemical medium.

---

Definitions:

Marginal Product

The additional output that results from using one more unit of a specific input, holding all other inputs constant.

Product Price

The monetary value assigned to a good or service that is to be sold in the marketplace.

Economic Profit

The profit made by a firm after accounting for both its explicit (out-of-pocket) and implicit (opportunity) costs, providing a comprehensive measure of true profitability.

Wage Rate

The wage rate refers to the standardized amount of compensation a worker receives per unit of time, such as an hour or year, for their labor.