The Table Shows the Total Production of Hats in a Factory

question 68

Multiple Choice

The table shows the total production of hats in a factory given various numbers of employees. Adding a third worker increases production:

• A)by 60 hats.
• B)by more than the second worker.
• C)to 110 hats.
• D)All of these are correct.

Comprehend the role of cultural capital in social reproduction and its influence on educational attainment and socioeconomic success.

Identify the effects of economic and social factors on educational outcomes and life chances.

Analyze the implications of social class on relationships, including marriage and social networks.

Recognize the importance of socioeconomic status in predicting individual health, lifestyle choices, and leisure activities.

---

Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activities within a reasonable scale.

Depreciation Expense

The allocation of the cost of an asset over its useful life to gradually reduce its value on the balance sheet.

Operating Cash Flow

Cash generated from the normal operations of a business, reflecting the company's ability to generate sufficient revenue to maintain operations.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance expenses.