Refer to Scenario 7

question 101

Multiple Choice

Refer to Scenario 7.7 below to answer the question(s) that follow.
SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively.
-Refer to Scenario 7.7. The average product of labor with three workers is

• A) 3.
• B) 3.5.
• C) 4.
• D) 12.

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Definitions:

Social Responsibility

A concept where businesses are obligated to act in a way that benefits society at large, beyond their own interests.

Multiculturalism

A policy or principle that promotes the preservation of different cultures or cultural identities within a society.

Pluralism

The coexistence of multiple groups, cultures, or entities within a single society, acknowledging diversity and encouraging equal respect for differing views.

Majority Cultures

Dominant cultural groups within a society, shaping its norms, values, and social institutions.