The Amount by Which the Use of an Additional Unit

question 230

Multiple Choice

The amount by which the use of an additional unit of a factor of production increases a firm's total revenue during a period is called the:

• A)value of the marginal product.
• B)average product.
• C)marginal factor cost.
• D)marginal physical product.

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Definitions:

Ovarian Follicle

is a fluid-filled sac in the ovary that contains a developing egg (oocyte), destined to release an egg during ovulation.

Primordial Follicle

The earliest form of an ovarian follicle, consisting of an immature egg surrounded by a single layer of cells, present from birth in females.

Vesicular Follicle

A fluid-filled structure in the ovary that contains a maturing egg and releases it during ovulation.