Use the Table Below to Answer the Following Question

question 19

Multiple Choice

Use the table below to answer the following question.
What is the marginal cost of producing the third unit of output?

• A) $22
• B) $23.33
• C) $73.33
• D) This cannot be determined from the data.

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Definitions:

Learned Helplessness

A condition in which individuals believe they have no control over the outcomes of events, resulting from repeated exposure to uncontrollable situations.

Feeling

An emotional state or reaction that consciously emerges from experiences, perceptions, or interactions.

Control

in psychology, relates to an individual's ability to influence or direct their environment and outcomes affecting their life.

Optimists

Individuals who tend to maintain a positive outlook on life, expecting the best possible outcomes in various situations.