Table 13-3
​
​ ​
​
​
-Refer to Table 13-3

question 180

Multiple Choice

Table 13-3
​
​
$$\begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { Labor } \\\text { (Number of workers) }\end{array} & \begin{array} { c } \text { Output } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Fixed Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Variable Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Total Cost } \\\text { (Dollars) }\end{array} \\\hline 0 & 0 & 50 & 0 & 50 \\\hline 1 & 90 & 50 & 20 & 70 \\\hline 2 & 170 & 50 & 40 & 90 \\\hline 3 & 230 & 50 & 60 & 110 \\\hline 4 & 240 & 50 & 80 & 130 \\\hline\end{array}$$ ​
​
​
-Refer to Table 13-3. At which number of workers does diminishing marginal product begin?

• A)1
• B)2
• C)3
• D)4

---

Definitions:

Organization's Culture

Refers to the shared values, beliefs, and the set of practices that characterize an organization and shape its employees' behavior.

Acts Role Models

embodies exhibiting behaviors or actions that serve as a positive example for others to emulate.

Legitimate Power

A form of authority where power is granted through an organizational structure or societal norms.

Elected Member

An individual chosen by voters to represent them in a governmental or organizational role.