Use the Table Below to Answer the Following Questions

question 100

Multiple Choice

Use the table below to answer the following questions.
Table 18.2.2
Wendy owns an apple orchard and she employs students
to pick the apples. In an hour they can pick the following amounts:

-Consider Table 18.2.2. If the price of apples is $0.50 per kilogram, and the wage rate for apple pickers is $7.50 per hour, then the number of pickers that Wendy will hire is

• A)1.
• B)3.
• C)5.
• D)7.
• E)8.

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Definitions:

Normal Good

A product whose demand increases when consumers' income rises, and falls when income decreases, under the assumption all other factors remain constant.

Income

Steady income derived from professional efforts or investing.

Hamburgers

A widely enjoyed dish made from a patty of minced meat, typically beef, served between the halves of a cut bun.

Wage Rate

The amount of compensation a worker receives per unit of time or per task completed.