Refer to the Table Below to Answer the Following Questions

question 90

Multiple Choice

Refer to the table below to answer the following questions.
Table 10.2.1

-Refer to Table 10.2.1 which gives Tania's Teapots' total product schedule.The marginal product when the number of workers increases from 1 to 2 is

• A)3 teapots.
• B)12 teapots.
• C)7 teapots.
• D)9 teapots.
• E)6 teapots.

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Definitions:

Realized Gain

Profit resulting from the sale of an asset or investment for more than its purchase price.

Stock Dividend

A disbursement from a corporation to its shareholders, using shares as the medium instead of cash.

Stockholders' Equity

The ownership interest of shareholders in a corporation, represented by their share of the company's assets after all liabilities have been deducted.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during the bond's life, usually at the discretion of the bondholder.