-In the Above Table, What Is the Marginal Factor Cost

question 254

Multiple Choice

-In the above table, what is the marginal factor cost of the 2nd worker?

• A) $24
• B) $14
• C) $64
• D) $12

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Definitions:

Synapses

The junctions through which neurons signal to each other or to non-neuronal cells such as those in muscles or glands.

Action Potential

A rapid increase and decrease in the voltage across a cellular membrane due to the movement of ions, allowing neurons to transmit signals.

Electrical Charge

A fundamental property of matter that causes it to experience a force when placed in an electromagnetic field, categorized into positive and negative types.

Millivolts

A unit of electric potential and electromotive force equal to one thousandth of a volt, commonly used in various electrical and physiological measurements.