Use the Following to Answer Questions

question 3

Multiple Choice

Use the following to answer questions:
-(Table: TC's Pizza Parlor) Look at the table TC's Pizza Parlor and assume that marginal cost is constant in the intervals of production. If 10 slices are being produced, the marginal cost of producing one more slice of pizza is:

• A) $2.
• B) $10.
• C) $40.
• D) $70.

---

Definitions:

Legitimate Power

Authority that is recognized and accepted by others within an organizational or societal structure, typically granted through a formal role or position.

Coercive Power

The ability to force someone to do something against their will, using threats, punishment, or control.

Reward Power

The ability of an individual or entity to influence others' behavior by controlling the allocation of rewards such as bonuses, promotions, or praise.

Expert Power

The influence and authority a person has as a result of their expertise, skills, or knowledge.