Let L Represent the Number of Workers Hired by a Firm

question 193

Multiple Choice

Let L represent the number of workers hired by a firm, and let Q represent that firm's quantity of output. Assume two points on the firm's production function are (L = 12, Q = 122) and (L = 13, Q = 130) . Then the marginal product of the 13th worker is

• A)8 units of output.
• B)10 units of output.
• C)122 units of output.
• D)132 units of output.

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Definitions:

Melatonin

A hormone made by the pineal gland that regulates sleep and wakefulness.

Pituitary Gland

A small, pea-sized gland located at the base of the brain that produces hormones influencing various bodily functions.

Adrenal Gland

A small gland located above the kidneys that produces hormones such as adrenaline and cortisol, which are involved in stress response.

Broca's Area

An area located in the dominant hemisphere's frontal lobe, typically on the left side of the brain, associated with the generation of speech.