Use the Following to Answer Questions

question 88

Multiple Choice

Use the following to answer questions:
-(Table: Total Product of Labor at Debbie's Bakery) Look at the table Total Product of Labor at Debbie's Bakery. Debbie can sell cakes at $8 each. Debbie must pay each worker $45 per day. How many workers will she hire to maximize profit?

• A) two
• B) three
• C) four
• D) five

---

Definitions:

NPVGO

Net Present Value of Growth Opportunities is the net present value of projects or investments that a company expects to undertake in the future as part of its growth strategies.

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.

Annual Dividend

The total sum of the dividends paid to shareholders over a year, often cited per share.

Rates of Return

Financial results such as gains or losses on an investment over a predetermined time frame, expressed as a percentage of the original investment fee.