​Table 14-17 the Table Below Shows the Price and Cost Information for Information

question 156

Multiple Choice

​Table 14-17
The table below shows the price and cost information for a firm that operates in a perfectly competitive market.
-​Refer to Table 14-17. The marginal cost of the fourth unit is

• A)​$28.
• B)​$32.
• C)​$5.
• D)​$7.

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Definitions:

Exocytosis

Process in which an intracellular vesicle fuses with the plasma membrane so that the vesicle’s contents are released outside the cell.

Endocytosis

Process by which substances are moved into the cell from the environment; includes phagocytosis, pinocytosis, and receptor-mediated endocytosis.

Diffusion

The passive movement of particles from an area of high concentration to an area of low concentration.