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How is information transmitted from neuron to neuron? After a signal crosses a synapse, place the following structures in order of their involvement using the numbers 1 to 6.
________________ axon
______________ dendrite
________________ synapse
________________ axon hillock
________________ cell body
________________ axon terminal
Profit Maximization
A method used by firms to determine the best output and price levels in order to achieve the highest profit.
Marginal Revenue
The additional revenue that a company receives from selling one more unit of a good or service.
Output Effect
The impact on total production and revenue when a firm alters the quantity of output produced, holding other factors constant.
Monopolist's Profit
The excess earnings a monopolist achieves due to the lack of competition, allowing for pricing above marginal cost.
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