Figure 1 Labour (Number of Workers) -Refer to Figure 1

question 49

Multiple Choice

Figure 1 Labour (number of workers)

$\begin{array}{cccc} \text { Labour (number of } & \text { Output } & \text { Marginal Product } & \text { Value of MPL } \\ \text { workers) } & \text {per hour } & \text { of Labour (MPL) } \\\hline0 & 0 \\ 1 & 5 \\ 2 & 9 \\ 3 & 12 \\ 4 & 14 \\ 5 & 15\end{array}$
-Refer to Figure 1. If this profit-maximizing firm sells its output in a competitive market for €3 per unit and hires labour in a competitive market for €8/hour, then this firm should hire

• A) one worker.
• B) two workers.
• C) three workers.
• D) four workers.
• E) five workers.

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Definitions:

Lonely

A feeling of sadness or isolation resulting from a lack of social connections, companionship, or meaningful relationships.

Grieving Process

The emotional and psychological journey individuals undergo after experiencing a loss, characterized by stages such as denial, anger, bargaining, depression, and acceptance.

Disassociated Caregiving

A form of caregiving that involves a detachment or emotional distance between the caregiver and the recipient, affecting the quality of care and interaction.

Geographic Distance

The physical space or measure of separation between two points or locations on the earth's surface.