Figure 1 -Refer to Figure 1

question 26

Multiple Choice

Figure 1
$$\begin{array} { c c c c } \begin{array} { c } \text { Labour (number of } \\\text { workers) }\end{array} & \begin{array} { c } \text { Output } \\\text { per hour }\end{array} & \begin{array} { c } \text { Marginal Product } \\\text { of Labour (MPL) }\end{array} & \text { Value of MPL } \\\hline 0 & 0 & \\1 & 5 & \\2 & 9 & \\3 & 12 & \\4 & 14 & \\5 & 15 &\end{array}$$
-Refer to Figure 1. What is the marginal product of labour as the firm moves from using three workers to using four workers?

• A) 0
• B) 2
• C) 8
• D) 12
• E) 14

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Definitions:

High Academic Performance

Achieving superior outcomes in educational settings, often measured by grades, test scores, and other evaluations.

Reading To Children

The act of narrating stories or books out loud to children, which can enhance language skills, literacy, and emotional bonding.

Correlated

When two variables have a relationship or link, such that changes in one variable are associated with changes in the other.

Aerobic Exercise

Physical exercise that improves oxygen consumption by the body through activities that increase heart rate and lung function.