A Firm Can Sell Its Output for $40 Per Unit

question 141

Multiple Choice

A firm can sell its output for $40 per unit. When it increases its labour force from 4 workers to 5 workers its output increases from 15 to 17 units. The value of marginal product of the 5th worker is

• A) $340.
• B) $80.
• C) $40.
• D) $680.

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Definitions:

Eating Disorders

Mental health conditions characterized by abnormal eating habits that negatively affect a person's physical or psychological health.

Underweight

A condition where an individual's body weight is considered too low to be healthy, often measured by a BMI lower than 18.5.

Partial Vegetarians

Individuals who exclude certain types of meat from their diet but may include fish, poultry, or both, depending on their dietary preferences.

Caloric Intake

The total number of calories consumed through food and beverages over a period of time.