The Table Below Shows the Total Production for Varying Numbers

question 17

Multiple Choice

The table below shows the total production for varying numbers of hours worked producing yo-yos.The firm sells its product and hires its workers in competitive markets.
TABLE 13-4
-Refer to Table 13-4.Which of the following statements best describes the situation of this firm when it is employing 12 hours of labour? The 12th hour of labour hired

• A)adds $10 to revenue and costs $10 to hire,so this firm is maximizing its profit at 12 hours of labour.
• B)adds $5 to revenue,but costs $10 to hire,so this firm should hire less labour.
• C)adds $30 to revenue,but only costs $10 to hire,so this firm should hire more labour.
• D)adds $8 to revenue,but costs $10 to hire,so this firm should hire less labour.
• E)adds $40 to revenue,but only costs $10 to hire,so this firm should hire more labour.

Comprehend the importance and application of topographic and geologic maps.

Recognize different types of maps and their specific uses in geology.

Understand the concept of stratigraphic sections and their use in depicting rock unit thicknesses.

Interpret the effects of igneous activity on surrounding rocks.