-The Table Above Gives a Firm's Total Product Schedule

question 459

Multiple Choice

-The table above gives a firm's total product schedule. Suppose labor is the only variable factor of production. The price of labor is $500 per week and total fixed costs are $600 per week. What is the marginal cost of producing the 90th unit?

• A) $10.00
• B) $24.92
• C) $31.61
• D) $50.00

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Definitions:

Integrity Test

A test designed to assess a potential employee's honesty, trustworthiness, and adherence to moral and ethical principles.

Disruptive Behaviours

Actions by individuals that interrupt or negatively impact the normal flow of work or environment, potentially harming the organization's culture.

Integrity Testing

Evaluations designed to assess a potential or current employee's honesty, morality, and adherence to ethical standards.

Polygraph Testing

A technique used in investigations and security screening that measures physiological responses to determine the truthfulness of answers provided by an individual.