The Change in Total Profit When a Firm Increases Its

question 19

Multiple Choice

The change in total profit when a firm increases its output by one unit equals

• A)total revenue minus total cost
• B)total revenue minus marginal revenue
• C)marginal revenue minus marginal cost
• D)total revenue minus marginal cost
• E)marginal revenue plus marginal cost

---

Definitions:

Collective Unconscious

A term coined by Carl Jung to describe the part of the unconscious mind that is derived from ancestral memory and experience and is common to all humankind.

Accountable

Being responsible for one's actions or decisions, often implying a willingness to explain or be judged for them.

Anonymous

This term describes something or someone whose name is not known or not made public, often used in situations requiring privacy or confidentiality.

Deindividuation

It refers to the phenomenon where people in groups feel less accountable for their actions, which can result in an increase in impulsive and deviant acts due to a sense of anonymity.