Figure 18-1 on the Graph, L Represents the Quantity of Labor and Labor

question 487

Multiple Choice

Figure 18-1
On the graph, L represents the quantity of labor and Q represents the quantity of output per week.
-Refer to Figure 18-1. The marginal product of the second worker is

• A)90 units of output.
• B)105 units of output.
• C)210 units of output.
• D)330 units of output.

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Definitions:

Dividend Income

Income received from owning shares in a company, typically paid out from the company's profits.

Dividend Per Share

The amount of dividend a company pays out to each shareholder for each share they own.

Retained Earnings

The portion of a company's profit that is held back and not paid out as dividends, used for reinvestment in the business or debt repayment.

Stock Split

A corporate action that increases the number of shares in a company by issuing more shares to current shareholders proportional to their ownership.