If Brenda Works for 10 Hours She Can Sell 15

question 47

Multiple Choice

If Brenda works for 10 hours she can sell 15 insurance contracts,and if she works for 11 hours she can sell 18 insurance contracts.The marginal benefit of the 11^th hour of Brenda's work equals

• A) 18 insurance contracts.
• B) 15 insurance contracts.
• C) 33 insurance contracts.
• D) 1 insurance contract.
• E) 3 insurance contracts.

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Definitions:

Industrial Development

The growth and evolution of industries in a nation or region, characterized by advancements in manufacturing, technology, and infrastructure.

Taiwan

An East Asian island country located off the southeastern coast of China, known for its dynamic economy and vibrant democracy.

Productivity Growth

An increase in the efficiency of production processes, leading to a higher output of goods and services for the same input of labor, capital, and resources.

Economic Growth

An increase in a country's output of goods and services over time, measured by the rise in its Gross Domestic Product (GDP).