When Burning Bob's Salsa House Hires One Worker, 30 Customers

question 182

Multiple Choice

When Burning Bob's Salsa House hires one worker, 30 customers can be served in an hour. When Burning Bob's Salsa House hires two workers, 50 customers can be served in an hour. The marginal product of the second worker is ________ customers served per hour.

• A) 20
• B) 30
• C) 50
• D) 67.5

Identify the purposes and impacts of specific taxes such as excise taxes and sales taxes.

Grasp the concept of tax incidence and how it affects producers and consumers differently depending on the elasticity of supply and demand.

Understand the employment distribution in government sectors at the federal, state, and local levels.

Analyze the progressive nature of the federal tax system versus the regressive nature at other levels.

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Definitions:

Dizygotic (DZ) Twins

Twins that derive from two zygotes; fraternal twins.

Mitosis

The form of cell division in which each chromosome splits lengthwise to double in number. Half of each chromosome combines with chemicals to retake its original form and then moves to the new cell.

Sperm

Male reproductive cells that carry a man's DNA and are necessary for the fertilization of a female's egg.

Ova

The female reproductive cells, or eggs, that when fertilized by male sperm can develop into an embryo.