Table 18-2 The Production Details of a Small Apple Farm Are Shown

question 139

Multiple Choice

Table 18-2
The production details of a small apple farm are shown below. Suppose the market for both apple and apple pickers is competitive, with a current market price for a box of apples being $10. Further, assume apple pickers are the sole marginal cost faced by the farmer in selling his product.

-Refer to Table 18-2. What is marginal profit from adding a third worker?

• A) -$20
• B) $20
• C) $80
• D) $40

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Definitions:

Major Organic Product

refers to the primary substance produced in the highest yield in a chemical reaction, especially in organic chemistry where multiple products can be formed.

Major Organic Products

The primary chemicals formed as the result of an organic reaction, often highlighting the efficiency and selectivity of the process.

4-Phenylheptan-4-Ol

An organic compound characterized by a seven-carbon chain with a phenyl group and a hydroxyl group attached at the fourth carbon.

Benzene

An aromatic hydrocarbon consisting of a ring of six carbon atoms with alternating double bonds, known for its stability and resonance structures.