Table 13-3 -Refer to Table 13-3. the Marginal Product of the Third

question 425

Multiple Choice

Table 13-3
-Refer to Table 13-3. The marginal product of the third worker is

• A)230 units.
• B)100 units.
• C)77 units.
• D)60 units.

---

Definitions:

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, which are reinvested into the business.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Stock Dividend

A payment made to shareholders in the form of additional shares in the company, rather than cash.

Cash Dividend

A direct payment of profits made by a company to its shareholders, usually in cash.