Table 11-1 -Refer to Table 11-1

question 325

Multiple Choice

Table 11-1
$\begin{array}{|c|c|c|}\hline \text { Quantity } & \begin{array}{c}\text { Price } \\\text { (dollars) }\end{array} & \begin{array}{c}\text { Total Revenue } \\\text { (dollars) }\end{array} \\\hline 1 & \$ 7.50 & \$ 7.50 \\\hline 2 & 7.00 & 14.00 \\\hline 3 & 6.50 & 19.50 \\\hline 4 & 6.00 & 24.00 \\\hline 5 & 5.50 & 27.50 \\\hline 6 & 5.00 & 30.00 \\\hline\end{array}$
-Refer to Table 11-1.What portion of the marginal revenue of the 4th unit is due to the output effect and what portion is due to the price effect?

• A) output effect = $24.00; price effect = $19.50
• B) output effect = $6.50; price effect = $2.00
• C) output effect = -$0.50; price effect = $5.00
• D) output effect = $6.00; price effect = -$1.50

Differentiate between characteristics and preferences of "morning people" and "evening people."

Identify strategies for adjusting sleep schedules and overcoming insomnia.

Evaluate the impact of shift work on mental and physical health.

Understand the evolutionary reasons for differences in sleep patterns among animals.

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