Refer to the Table Shown If the Price Per Unit of Product Is $2, the c

question 56

Multiple Choice

Refer to the table shown. $$\begin{array}{l}\begin{array} { | c | c | } \hline \text { Number wf Warkers } & \text { Tatal Praduct per Huur }\\\hline 1 & 24 \\\hline 2 & 44 \\\hline 3 & 60 \\\hline 4 & 74 \\\hline 5 & 84 \\\hline 6 & 90 \\\hline 7 & 92 \\\hline\end{array}\end{array}$$ If the price per unit of product is $2, the marginal revenue product of the fourth worker is:

• A) 14.
• B) 28.
• C) 32.
• D) 40.

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Definitions:

Social Desirability Scales

Psychological tools used to assess the extent to which people's responses are influenced by the desire to be seen favorably by others.

Research

The organized examination and analysis of materials and sources to discover facts and form new conclusions.

Discriminant Validity

A measure of the degree to which a construct is truly distinct from other constructs by correlating minimally or not at all with measures from which it is theoretically supposed to differ.

IQ

An abbreviation for Intelligence Quotient, it's a measure of a person's reasoning ability compared to the statistical norm or average for their age, taken as 100.