Marginal Product Is

question 111

Multiple Choice

Marginal product is

• A) the output of the least skilled worker.
• B) a worker's output multiplied by the price at which each unit can be sold.
• C) the amount an additional worker adds to the firm's total output.
• D) the amount any given worker contributes to the firm's total revenue.

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Definitions:

pre-mRNAs

The precursor mRNA transcripts that are synthesized from DNA and contain both introns and exons, which are modified and spliced to form mature mRNA.

Phosphate Group

A functional group consisting of a phosphorus atom covalently bonded to four oxygen atoms, important in energy transfer and storage.

Promoter Sequence

A specific region of DNA upstream of a gene that binds RNA polymerase and initiates transcription of the gene.

Transcription

The process of copying a segment of DNA into RNA by the enzyme RNA polymerase.