Using the Following Information, Complete Questions 12 - 15

question 58

Multiple Choice

Using the following information, complete questions 12 - 15
A manufacturer of inexpensive toys operates in a city that offers significant tax benefits in order to entice new businesses to set up shop. The firm has the relationship between the number of workers per hour and the total product per hour shown in the following table. The relationship between output produced and per hour and the price at which it can be sold is also given. Assume that the cost of materials used in each toy is $.05. Because of local tax credits resulting from operating in this specific city, the firm's effect wage rate is $2.00 per hour.
-Given the above information, what is the firm's Arc Marginal Product of Labor?

• A) 30, 20, 15, 10, 5
• B) 30, 25, 20, 15, 10
• C) 25, 20, 15, 10, 5
• D) 25, 15, 10, 5, 0
• E) 20, 15, 10, 5, 0

---

Definitions:

Triadic Reciprocal Causation

A concept in psychology that suggests human behavior is influenced by interaction among personal factors, behavior, and the environment.

Social Cognitive Theory

A framework that emphasizes the role of observational learning, imitation, and modeling in the acquisition of new behaviors, with a focus on the dynamic interaction between individuals and their environment.

Operant Learning Theory

A theory of learning that emphasizes the role of reinforcement and punishment in shaping behavior.

Continuous Reinforcement

A learning process in psychology where a behavior is reinforced each time it is demonstrated, leading to higher likelihood of repetition.