Complete Table 21 $\text { Table } 21.5$ The Marginal Cost of the Third Unit of Output in \text

question 104

Multiple Choice

Complete Table 21.5:
$\begin{array}{c}\begin{array}{lll}\underline{Q}\\{0} \\1 \\2 \\3 \end{array}\begin{array}{lll}\underline{\mathrm{TFC}}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{lll}\underline{\mathrm{TVC}}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\15\\\end{array}\begin{array}{lll}\underline{\mathrm{TC}}\\15\\23\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{lll}\underline{\mathrm{AVC}}\\--\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{lll}\underline{\mathrm{MC}}\\--\\\underline{\quad\quad}\\4\\\underline{\quad\quad}\\\end{array} \end{array}$

$\text { Table } 21.5$
The marginal cost of the third unit of output in Table 21.5 is

• A)$4.
• B)$3.
• C)$30.
• D)$15.

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Definitions:

Existential Anxiety

According to existential theorists, a universal fear of the limits and responsibilities of one’s existence.

Defense Mechanisms

Psychological strategies employed by individuals unconsciously to protect themselves from anxiety and conflict by denying or distorting reality.

Generalized Anxiety Disorder

A mental health condition characterized by chronic and exaggerated worry and tension, often with no obvious reason.

Generalized Anxiety

A mental health condition characterized by persistent and excessive worry about various aspects of life, not confined to any one specific issue.