If the Principles of Economics Section Is Three Credit Hours

question 92

Multiple Choice

If the principles of economics section is three credit hours and an instructor teaches two sections with 100 students in each and tuition and fees at your school are $500 per credit hour, then the marginal revenue product for your school from hiring that instructor that semester is

• A) $500.
• B) $1500.
• C) $150,000.
• D) $300,000.

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Definitions:

Anticipate

To expect or predict something to happen in the future or to be prepared for an event or situation beforehand.

Hypomania

A mood state characterized by persistent disinhibition and mood elevation (euphoria), with behavior that is noticeably different from the person's typical behavior when not depressed.

Mild Mania

A less severe form of mania characterized by elevated mood, increased activity or energy levels, but not severe enough to cause significant impairment in social or occupational functioning.

Hyperactivity

Excessive movement or activity, often referring to behavioral conditions such as ADHD.