Use the Following to Answer Questions

question 91

Multiple Choice

Use the following to answer questions:
-(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. Assume that the market for power cords is perfectly competitive. The price of a power cord is $2, the market wage rate is $40 per hour, and four workers are hired. Profit can be maximized by hiring _____ worker(s) .

• A) one more
• B) two more
• C) one fewer
• D) two fewer

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Definitions:

Terminal Buttons

The small knobs at the end of an axon that release chemicals (neurotransmitters) to transmit the neural signal to the next neuron.

Primary Inhibitory

Refers to the predominant or principal actions or mechanisms responsible for suppression or reduction of biological or chemical activity.

Neurotransmitter

Chemicals in the brain that transmit signals from one neuron to another across synapses.

Excitatory

Pertaining to or causing an increase in activity in the body or brain, often referring to neurotransmitters that promote the firing of neurons.