Use the Following to Answer Question

question 71

Multiple Choice

Use the following to answer question

-​If hiring the 7th worker increases total product by 5 units and the price of each unit is $2,

• A)​the firm should not hire the 7th worker as MR<MC
• B)marginal revenue equals $2
• C)the firm should hire the 7th worker as MR>MC
• D)​the firm should not hire the 7th worker as MR<TC

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Definitions:

Medial Pontine Reticular Formation

A complex network of neurons located in the pons of the brainstem, involved in the regulation of motor coordination and sleep-wake cycles.

Peribrachial Area

A region in the brainstem involved in the modulation of sensory information, particularly with respect to pain and visceral inputs.

Cataplexy

Cataplexy is a sudden and transient episode of muscle weakness accompanied by full conscious awareness, typically triggered by emotions such as laughter, and often associated with narcolepsy.

Receptor Surface Area

The total area on a cell's surface where receptors, capable of binding specific substances, are located, influencing cell signaling and response.