Exhibit 13-1 
-In order to calculate marginal revenue product for a competitive firm, one may multiply marginal product by output price.
Definitions:
Objective Facts
information verified to be true, independent of personal feelings, interpretations, or prejudice.
Role of Metaphor
The function metaphors serve in communication and thought, helping to convey complex ideas through comparative, symbolic language.
Social Cognition
The study of how people process, store, and apply information about other people and social situations.
Abstract Ideas
Concepts that are not tangible or concrete, existing in thought or as an idea without a physical form.
Q32: A massive wave of mergers and consolidations
Q44: A public good exhibits nonrivalry in consumption
Q64: Union leaders often claim that they must
Q82: The difference between short-run demand and long-run
Q133: Which of the following is true of
Q140: An example of a good for which
Q157: Education<br>A)is a public good.<br>B)provides a positive externality.<br>C)causes
Q178: Suppose the government is considering implementing a
Q196: The government can correct a negative externality
Q197: Federal,state,and local governments would be least likely