The Following Table Shows the Total Output Produced in a Factory

question 6

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

-Refer to Table 5-1.Diminishing returns to labor occurs beyond _____ workers.

• A)4
• B)3
• C)5
• D)9

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Definitions:

Intense Emotions

Strong, overpowering feelings that demand attention and can significantly impact an individual's behavior, decision-making, and well-being.

Groupthink

A psychological phenomenon wherein the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Risks

The potential for losing something of value or the possibility of an undesirable outcome.

Unintended Consequences

Outcomes that are not the ones foreseen and intended by a purposeful action.