The Addition to Revenue Obtained from Firing an Additional Unit

question 59

Multiple Choice

The addition to revenue obtained from firing an additional unit of labor is

• A) total product.
• B) marginal revenue product.
• C) marginal factor cost.
• D) marginal physical product of labor.

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Definitions:

Hepatic Portal Vein

The hepatic portal vein is a blood vessel that carries blood from the gastrointestinal tract and spleen to the liver, transporting nutrients and toxins for processing.

Saphenous Vein

A large vein running along the length of the leg, often used for grafts in coronary artery bypass surgery.

Popliteal Vein

A vein located behind the knee that drains blood from the lower leg to the thigh.

Femoral Vein

A major vein in the thigh that returns deoxygenated blood to the heart from the lower limbs.