Use the Following Information to Answer the Questions That Follow

question 99

Multiple Choice

Use the following information to answer the questions that follow.
Nicky L,owner of NLD Incorporated,knows that the marginal product of labor (MPL) for his workers can be defined as follows:
MPL = 32 - L
The total output a given level of workers can produce is found as:
Q = 32L - L²
He also knows that the price of his output is $3.His profits can be found as:
Profit = P
Q - W
L
-The King Kupcake firm's worker productivity is presented in the accompanying table.When King Kupcake hires its 300th worker,what is that worker's marginal product of labor?

• A)300 cupcakes
• B)200 cupcakes
• C)100 cupcakes
• D)2 cupcakes
• E)3 cupcakes

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Definitions:

Legitimate Businesspeople

Individuals who own, operate, or work within businesses that engage in lawful, ethical practices without involvement in illegal activities.

Prostitutes

People who engage in sexual activities with others in exchange for money or goods, working within various legal and social frameworks.

Conservative Rationales

Arguments or principles that emphasize tradition, stability, and the importance of maintaining established institutions.

Public Solicitation

The act of seeking for services, goods, or attention from the general public in a public space, often through advertising, begging, or campaigning.