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

question 37

Multiple Choice

Refer to the data provided in Table 10.2 below to answer the following question(s) .
Table 10.2 $$\begin{array} { c c c } \begin{array} { c } \text { Total Labor Units } \\\text { (employees) }\end{array} & \begin{array} { c } \text { Total Product } \\\text { (frames per day) }\end{array} & \begin{array} { c } \text { Price per } \\\text { Frame }\end{array} \\\hline 0 & 0 & \$ 10 \\1 & 10 & \$ 10 \\2 & 30 & \$ 10 \\3 & 55 & \$ 10 \\4 & 70 & \$ 10 \\5 & 82 & \$ 10\end{array}$$
-Refer to Table 10.2. The most firms would be willing to pay per worker and hire three total workers is

• A) $120.
• B) $150.
• C) $200.
• D) $250.

---

Definitions:

TQM

Total Quality Management, a continuous effort by management to improve the quality of products and services through feedback and refinements.

Frederick Taylor

A U.S. mechanical engineer renowned for his efforts to enhance industrial productivity, famously recognized as the progenitor of scientific management.

Productivity

measures how efficiently goods and services are produced by comparing the amount of outputs generated to the inputs used.

Steel Mill

An industrial plant for the manufacture of steel, involving processes like smelting and refining of iron and steel.