When Sam's Scarves Uses 2 Knitting Machines and Employs 3

question 129

Multiple Choice

When Sam's Scarves uses 2 knitting machines and employs 3 people, total revenue is $330 a day. When Sam's Scarves uses 2 knitting machines and employs 4 people, total revenue is $360 a day. The value of marginal product of the fourth worker is _______.

• A) $360
• B) $110
• C) $90
• D) $30

---

Definitions:

Nutritional Supplements

Products intended to supplement the diet and provide nutrients, such as vitamins, minerals, fiber, fatty acids, or amino acids, that may be missing or may not be consumed in sufficient quantities in a person's diet.

Chemotherapy

A type of cancer treatment using drugs to destroy cancer cells by impeding their growth and reproduction.

Cultural Context

The societal norms, values, beliefs, and practices that shape and influence an individual's behaviors, interpretations, and interactions within their community.

Alternative Medicine

Practices and products that are used instead of conventional medical treatments, often based on traditional knowledge or holistic approaches.