The Following Table Shows the Total Output, Number of Workers

question 181

Multiple Choice

The following table shows the total output, number of workers employed, variable costs, and fixed costs of a firm.

-Refer to the table above.What is the firm's marginal cost per unit of output when it produces the 55th unit of the good?

• A) $0.33
• B) $0.50
• C) $0.66
• D) $0.75

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Definitions:

Conflicts With The Indians

Refers to the numerous wars and skirmishes between European settlers and Native American tribes following European colonization of the Americas.

Cities

Urban areas with significant populations where there is a high concentration of buildings, infrastructure, and economic activities.

British North America

Consists of the British Empire's colonial territories in North America before the formation of the United States and the later establishment of the Dominion of Canada.

Mid-Eighteenth Century

Pertains to the period approximately between 1730 and 1769, marked by significant developments in politics, culture, and economic structures worldwide.