Mary Processes 96 Permit Applications in an Eight-Hour Day at Her

question 62

Multiple Choice

Mary processes 96 permit applications in an eight-hour day at her office while earning $10/hour. However, John processes 150 permit applications in an eight-hour day while earning $20/hour. Which of the following statements is most likely to be true in this situation?

• A) John is less productive than Mary is.
• B) John is more productive than Mary is.
• C) John's work will have more errors than Mary's work.
• D) Mary's work will have more errors than John's work.

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Definitions:

Voluntary Exchange

An economic transaction in which two parties agree to trade goods or services based on mutual consent.

Autographed Picture

A photograph signed by a celebrity or well-known person, often sought after by fans and collectors as a valuable or sentimental item.

Potentially Efficient

A state where resources could be allocated in a way that no one could be made better off without making someone else worse off.

High-Income Families

Households that earn a significantly higher income than the average, often placed within the top income brackets for a particular region, influencing their spending, saving, and investment behavior.