Suppose a Certain Firm Is Able to Produce 165 Units

question 10

Multiple Choice

Suppose a certain firm is able to produce 165 units of output per day when 15 workers are hired. The firm is able to produce 176 units of output per day when 16 workers are hired (holding other inputs fixed) . Then the marginal product of the 16th worker is

• A) 10 units of output.
• B) 11 units of output.
• C) 16 units of output.
• D) 176 units of output.

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Definitions:

Milliliter

A unit of volume in the metric system, equal to one thousandth of a liter.

Discontinue

To stop using a product or halt a process or treatment, often on a permanent basis.

NPO

An abbreviation for "nil per os," a medical instruction meaning to withhold oral food and fluids from a patient for a specific period.

QAM

stands for "Quality Assurance Management" or "Quadrature Amplitude Modulation" depending on context; in healthcare, it often relates to maintaining standards.