Refer to the Data Provided in Table 10 -Refer to Table 10

question 60

Multiple Choice

Refer to the data provided in Table 10.1 below to answer the following question(s) .
Table 10.1 $$\begin{array}{l}\text { Total Labor Units } \quad \text { Total Product } \quad \text { Marginal Product of Price per }\\\begin{array} { c c c c } \text { (employees) } & \text { (T-shirts per day) } & \text { Labor (per day) } & \text { T-shirt } \\\hline 0 & 0 & - & - \\1 & 20 & 20 & \$ 5 \\2 & 50 & 30 & 5 \\3 & 75 & 25 & 5 \\4 & 95 & 20 & 5 \\5 & 110 & 15 & 5\end{array}\end{array}$$
-Refer to Table 10.1. If the payment to labor per day is $100, this T-shirt manufacturer is maximizing profits if he will hire ________ employee(s) .

• A) one
• B) two
• C) four
• D) five

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Definitions:

Vesicles

Small fluid-filled sacs in the body or on the cellular level, functioning in storage and transport.

Macules

Flat, distinct, discolored areas of skin that are not raised above the surrounding skin.

Lipid-soluble

The term lipid-soluble describes substances that can dissolve in fats and oils, allowing them to pass easily through cell membranes that consist of lipid bilayers.

Furuncles

Also known as boils, these are painful, pus-filled bumps under the skin caused by infected hair follicles.