Suppose Ten Pretzels Are Sold at a Price of $8

question 170

Multiple Choice

Suppose ten pretzels are sold at a price of $8 each and the marginal product of the last unit of labor required to produce pretzels is 5 units.The total revenue of the firm producing pretzels is _____

• A)$80.
• B)$30.
• C)$50.
• D)$8.
• E)$150.

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Definitions:

Completed Polypeptide Chain

A sequence of amino acids linked by peptide bonds, forming a protein molecule after translation and folding processes are completed.

Ribosome

A cell organelle that functions as the site of protein synthesis in the cytoplasm.

Stop Codon

A nucleotide triplet within mRNA that signals the termination of protein synthesis during translation.

Protein Synthesis

The biological process by which cells generate new proteins, translating genetic information from RNA into the amino acid sequence of proteins.