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Table 18-6
Consider the Following Daily Production Data for MadeFromScratch

question 150

Multiple Choice

Table 18-6
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day.


 Labor  (Number of  workers)   Output  (Cupcakes per  day)   Marginal  Product  of Labor  (Cupcakes per  day)   Value of the  Marginal  Product of Labor  (Cupcakes)   Wage  (Dollarsper  worker per  day)   Margin  Profit  (Dollar 003251200325235032534753254575325\begin{array} { | c | c | c | c | c | c | } \hline \begin{array} { c } \text { Labor } \\\text { (Number of } \\\text { workers) }\end{array} & \begin{array} { c } \text { Output } \\\text { (Cupcakes per } \\\text { day) }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Product } \\\text { of Labor } \\\text { (Cupcakes per } \\\text { day) }\end{array} & \begin{array} { c } \text { Value of the } \\\text { Marginal } \\\text { Product of Labor } \\\text { (Cupcakes) }\end{array} & \begin{array} { c } \text { Wage } \\\text { (Dollarsper } \\\text { worker per } \\\text { day) }\end{array} & \begin{array} { c } \text { Margin } \\\text { Profit } \\\text { (Dollar }\end{array} \\\hline 0 & 0 & & & 325 & \\\hline 1 & 200 & & & 325 & \\\hline 2 & 350 & & & 325 & \\\hline 3 & 475 & & & 325 & \\\hline 4 & 575 & & &325 & \\\hline\end{array}
-Refer to Table 18-6. What is the third worker's marginal product of labor?


Definitions:

Cooperative Acceptance

The right of employees to be treated fairly and with respect regardless of race, sex, national origin, physical disability, age, or religion, while on the job.

Discriminated Against

Treated unjustly or unequally based on personal characteristics such as race, gender, or age.

Sexual Harassment

Unwelcome or inappropriate sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature in a workplace or other professional or social situations.

Preconventional Moral Development

A stage in Lawrence Kohlberg's theory of moral development characterized by an individual's motivation to follow rules and obey authority to avoid punishment or obtain rewards.

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