(Table: Value of the Marginal Product of Labor and Demand)

question 44

Multiple Choice

(Table: Value of the Marginal Product of Labor and Demand) In the figure Value of the Marginal Product of Labor and Demand, the total product of labor is shown for the hourly production of power cords.If the price of a power cord is $4 and the market wage rate is $80 per hour, the profit-maximizing quantity of labor is __ worker(s) .

• A)one
• B)three
• C)five
• D)seven

---

Definitions:

First Bank

Can refer to the initial banking institution established in a certain area or the primary bank that an individual or business chooses to use for financial transactions.

Substitute Check

A digital reproduction of the original paper check that is legally considered the same as the original for clearing and settlement purposes.

Improperly Charged

An instance where an individual or entity is wrongfully or incorrectly subjected to fees, expenses, or accusations.

Legal Rights

Rights bestowed upon individuals by law, including civil liberties and entitlements to certain actions or treatments.