Use the Following Data to Answer the Question

question 363

Multiple Choice

Use the following data to answer the question. When five units of labor are hired, the marginal product (MP) of the last worker is

• A)11.6.
• B)10.
• C)290.
• D)20.

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Definitions:

Unenforceable

A term applied to a contract that, because of a law, cannot be enforced by the courts.

Substantive Unconscionability

Unconscionability that derives from one-sided, unjust, or overly harsh substance in a contract.

Maximum Interest Rate

The highest rate of interest that can be charged on loans or credit, often regulated by law to prevent usury.

Business Tort

A wrongful act, other than a breach of contract, that results in injury or damage to another's business interests.