At 76 Units of Labor, a Firm Finds That Average

question 7

Multiple Choice

At 76 units of labor, a firm finds that average product of labor equals 39.6 and marginal product of labor equals 42.9.We can conclude that the average product curve at 76 units of labor is:

• A) upward-sloping.
• B) downward-sloping.
• C) vertical.
• D) horizontal.

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Definitions:

Chemical Synapse

A specialized junction at which a neuron communicates with a target cell across a synaptic cleft using chemical messengers.

Presynaptic Terminal

The end of a nerve fiber where the release of chemicals (neurotransmitters) occurs, enabling the transfer of the signal to another neuron's receptor site.

Postsynaptic Membrane

Refers to the membrane on the neuron receiving end of a synapse, where neurotransmitters are received.

Voltage-Gated Channel

A type of ion channel that opens or closes in response to changes in the electrical potential across the cell membrane.