Jayden Runs a Company That Sells Its Product for $250

question 74

Multiple Choice

Jayden runs a company that sells its product for $250 each. When he employs 10 workers, they can sell 60 products per week, while only 54 products are sold when 9 workers are employed. What is the weekly marginal revenue product of the tenth worker?

• A) $250
• B) $1,250
• C) $1,500
• D) $15,000

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Definitions:

Reinforcers

Stimuli that increase the likelihood of a behavior being repeated, can be positive (adding something desirable) or negative (removing something undesirable).

Learning Sets

The capability to learn more efficiently and effectively based on the experiences gained from solving previous problems.

Insight Learning

A form of cognitive learning where problem-solving occurs through a sudden understanding or epiphany rather than by trial and error.

Law of Effect

A psychological principle suggesting that behaviors followed by favorable consequences become more likely, and behaviors followed by unfavorable consequences become less likely.