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Use the Following to Answer Questions 11-16

question 18

Multiple Choice

Use the following to answer questions 11-16:
Use the following to answer questions 11-16:    -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 MB<MC B) marginal revenue equals $2 C) the firm should hire the 7th worker as MB>MC D) the firm should not hire the 7th worker as MB<TC
-If hiring the 7th worker increases total product by 5 units and the price of each unit is $2,


Definitions:

Genetics

Genetics is the study of heredity and the variation of inherited characteristics.

Gardner's Theory

Proposed by Howard Gardner, it suggests that intelligence is multidimensional, comprising different domains of cognitive capability rather than a single, general ability.

Multiple Intelligences

Describes a theory by Howard Gardner that suggests human intelligence is composed of various distinct faculties beyond just a single, general ability.

Verbal-Linguistic

This relates to the understanding and manipulation of language and words as a way of communication, learning, and reasoning.

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