If Marginal Product of a Restaurant Employee Is 10 Customers

question 39

Multiple Choice

If marginal product of a restaurant employee is 10 customers per hour,and the price of a meal is $15,the restaurant employee's value of marginal product is

• A)$15.
• B)$7.5.
• C)$12.5.
• D)$10.
• E)$150.

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Definitions:

Fundamental Disputes

Essential disagreements or debates over basic principles within a field of study or an area of professional practice.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Functionalism

A theory in sociology and anthropology that interprets and describes society as a structure with interrelated parts designed to meet the biological and social needs of the individuals in that society.

Structuralism

An approach in psychology and sociology that emphasizes understanding the structure of the mind or society by analyzing its components and their interactions.