Table 301 Assume That the Product Price Is $4 Per Unit and |

question 102

Multiple Choice

Table 30.1 $$\begin{array} { | c | r | c | c | c | } \hline \begin{array} { c } \text { Number of } \\\text { workers (per } \\\text { hour) }\end{array} & \begin{array} { c } \text { Total output } \\\text { (per hour) }\end{array} & \begin{array} { c } \text { Marginal } \\\text { physical } \\\text { product } \\\text { (output per } \\\text { worker) }\end{array} & \begin{array} { c } \text { Total revenue } \\\text { (dollars per } \\\text { hour) }\end{array} & \begin{array} { c } \text { Marginal revenue } \\\text { product (dollars } \\\text { per hour worker) }\end{array} \\\hline 1 & 4 & \ldots & & \ldots \\\hline 2 & 19 & & \\\hline 3 & 15 & & \\\hline 4 & 19 & & \\\hline 5 & 22 & & \\\hline\end{array}$$ Assume that the product price is $4 per unit and that the hourly wage for workers is $12.Neither price nor wage changes with output.In Table 30.1,the marginal revenue product of the second worker hired is

• A)$4 per hour.
• B)$6 per hour.
• C)$24 per hour.
• D)$40 per hour.

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Definitions:

Testosterone

A steroid hormone found in both men and women that is responsible for the development and maintenance of male sex characteristics and may influence behavior.

Aggressive Tendencies

Propensities in individuals to engage in behaviors intended to harm or assert dominance over others.

Synapse

The space between two neurons across which impulses are carried by neurotransmitters.

Neurons

Specialized cells of the nervous system that transmit information to other nerve cells, muscle, or gland cells.