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:

Pelvis

A basin-shaped structure in the skeleton located at the lower part of the trunk, composed of the hip bones, sacrum, and coccyx.

Fallopian Tube

Tubes that extend from either side of the uterus, through which eggs travel from the ovaries to the uterus.

Opening

An entrance or aperture in a structure that provides access or allows the passage of objects, fluids, or light.

Region

An area or division, especially part of a country or the world having definable characteristics but not always fixed boundaries.