Examlex

Solved

The Following Table Shows the Total Output Produced in a Factory

question 5

Multiple Choice

The following table shows the total output produced in a factory at various levels of employment of labor.The firm sells each unit of output at $2 and each worker is paid a wage of $32.
Table 5-1
The following table shows the total output produced in a factory at various levels of employment of labor.The firm sells each unit of output at $2 and each worker is paid a wage of $32. Table 5-1    -Refer to Table 5-1.What is the marginal revenue associated with the 2nd worker? A) $22 B) $24 C) $20 D) $32 E) 0
-Refer to Table 5-1.What is the marginal revenue associated with the 2nd worker?


Definitions:

Napping

A short period of sleep, usually taken during the day, to supplement insufficient sleep at night or enhance alertness and performance.

Sleep Aid

A product or medication used to promote or improve sleep, often utilized by individuals with insomnia or other sleep disorders.

Caffeinated Coffee

A type of coffee beverage that contains caffeine, a stimulant that can enhance brain function and increase alertness.

Television

An electronic device that receives television signals and displays them as visual images, often used for broadcasting entertainment and information.

Related Questions