If the Principles of Economics Section Is Three Credit Hours

question 111

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 $100 per credit hour, then the marginal revenue product for your school from hiring that instructor that semester is

• A) $100.
• B) $300.
• C) $30,000.
• D) $60,000.

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Definitions:

Lens

A piece of transparent material with at least one curved surface, which refracts or focuses light rays.

Iris

The colored part of the eye surrounding the pupil that controls the amount of light entering the eye.

Pupil

The circular opening in the center of the eye that allows light to enter and reach the retina, adjusting in size to regulate the amount of light.

Cornea

The clear, protective outer layer of the eye that helps to focus incoming light.