When Sam's Scarves Uses 2 Knitting Machines and Employs 3

question 213

Multiple Choice

When Sam's Scarves uses 2 knitting machines and employs 3 people, total revenue is $330 a day. When Sam's Scarves uses 2 knitting machines and employs 4 people, total revenue is $360 a day. The value of marginal product of the third worker is

• A) $110.
• B) $30.
• C) $360.
• D) $90.

---

Definitions:

Deliberate Deception

The intentional act of misleading or tricking someone by providing false information or withholding the truth.

Social Desirability Bias

The tendency of survey respondents to answer questions in a manner that will be viewed favorably by others, often leading to overreporting of positive behaviors and underreporting of negative behaviors.

Response Sets

Response sets refer to a pattern of responding to questions in a particular way irrespective of the content, often leading to biased outcomes in surveys or psychological tests.

Deliberate Deception

Intentionally misleading or lying to others, often to gain a personal advantage or to manipulate a situation.