-The Above Figure Shows the Demand for Labour Curve for Workers

question 3

Multiple Choice

-The above figure shows the demand for labour curve for workers at a Pizza Hut in Darwin. If the wage rate is $6 per hour, then the i. quantity of workers Pizza Hut demands is 10 workers.
Ii) Pizza Hut would have been willing to hire the 6th worker even if it had to pay $7 per hour rather than $6 per hour.
Iii) value of the marginal product of the 10th worker is $6 per hour.

• A) i only
• B) ii only
• C) iii only
• D) i and iii
• E) i, ii and iii

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Definitions:

Disease

A disorder of structure or function in a living organism that typically leads to signs or symptoms and is not a direct result of physical injury.

Groundwater Supplies

Underground sources of fresh water stored in aquifers, crucial for drinking water, irrigation, and industrial uses.

Sulphur Content

The quantity of sulfur present in a material, which is significant in assessing air pollution potential, especially in fuels.

Crude Oil Reserves

Quantities of crude oil that are identified and accessible for extraction with current technology.