-Refer to the Above Table

question 155

Multiple Choice

-Refer to the above table. Suppose the firm hires 4 workers and the price of the good sold is $4. The marginal factor cost of labor must be

• A) $4.
• B) $150.
• C) $3080.
• D) $600.

---

Definitions:

Chromosome

A long DNA molecule with part or all of the genetic material of an organism.

Polygenic Inheritance

The inheritance of traits controlled by two or more genes, resulting in a wide range of phenotypes for certain characteristics.

Independent Pairs

A concept in statistics referring to pairs of observations that are not influenced by any of the other pairs in a data set.

Additive Effects

The combined impact of different genes on a phenotype, where the total effect is the sum of individual gene effects.