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

question 128

Multiple Choice

-In the above table, what is the marginal factor cost of the 6th worker?

• A) $30
• B) $18
• C) $120
• D) $20

---

Definitions:

Clinical Psychologist

A healthcare provider trained in the assessment, diagnosis, treatment, and prevention of psychological disorders.

Industrial-Organizational Psychologist

A professional who applies psychological principles to the workplace to solve problems and improve the quality of work life, including areas of hiring, employee motivation, and organizational development.

Random Sequence

A series of numbers or letters in which each element has an equal probability of occurring and the occurrence of one element does not affect the probability of the others.

Coin Tosses

A simple randomness process used for deciding between two equally likely outcomes by flipping a coin.