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

question 55

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,how many workers should be hired?

• A)2.
• B)3.
• C)4.
• D)5.

---

Definitions:

Foreign Key

A field in a database table that uniquely identifies a row in another table, creating a link between the two tables.

NewSQL Systems

A class of modern relational database management systems that seek to provide the scalability of NoSQL systems while maintaining the ACID guarantees of a traditional database system.

Autonomy

The right or condition of self-government, or in a more general sense, the capacity of an individual to make an informed, un-coerced decision.

Consistency

The quality of achieving a level of performance or standard, which does not vary greatly in quality over time.