In the 2010 Annual Gallup Organization's Poll,data on Professional and Ethical

question 9

Multiple Choice

In the 2010 annual Gallup Organization's Poll,data on professional and ethical standards indicated that:

• A)nurses, pharmacists, and high school teachers were ranked highest
• B)members of the clergy and nurses were ranked in the middle
• C)nurses were ranked in the highest percentile
• D)policemen and clergy were ranked highest

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Definitions:

Marginal Cost

The additional cost incurred in the production of one extra unit of a good or service.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced; these costs decline as production increases.

Marginal Cost

The financial cost of producing an extra unit of a good or service.

Average Total Cost

The total cost of production divided by the quantity of output produced.