-The Table Above Shows Information for Jen's Gymnastics B)

question 151

Multiple Choice

$$\begin{array} { | c | c | c | } \hline & \begin{array} { c } \text { Quantity of } \\\text { Labor }\end{array} & \begin{array} { c } \text { Total Product } \\\text { (gymnasts trained per hour) }\end{array} \\\hline \text { A } & 0 & \\\hline \text { B } & 1 & 7 \\\hline \text { C } & 2 & 13 \\\hline \text { D } & 3 & 17 \\\hline \text { E } & 4 & 19 \\\hline \text { F } & 5 & 20 \\\hline\end{array}$$
-The table above shows information for Jen's Gymnastics.Jen hires coaches and charges $20 per hour for gymnastics lessons.Using the information in the table,which of the following shows the correct demand for labor for Jen's Gymnastics?

• A) \(\begin{array} { | c | c | }
• \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\
• \hline 1 & \$ 140 \\
• \hline 2 & \$ 120 \\
• \hline 3 & \$ 80 \\
• \hline 4 & \$ 40 \\
• \hline 5 & \$ 20 \\
• \hline
• \end{array}\)
• B) \(\begin{array} { | c | c | }
• \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\
• \hline 1 & 7 \\
• \hline 2 & 6 \\
• \hline 3 & 4 \\
• \hline 4 & 2 \\
• \hline 5 & 1 \\
• \hline
• \end{array}\)
• C) \(\begin{array} { | c | c | }
• \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\
• \hline 1 & 7 \\
• \hline 2 & 13 \\
• \hline 3 & 17 \\
• \hline 4 & 19 \\
• \hline 5 & 20 \\
• \hline
• \end{array}\)
• D) \(\begin{array} { | c | c | }
• \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\
• \hline 1 & \$ 140 \\
• \hline 2 & \$ 260 \\
• \hline 3 & \$ 340 \\
• \hline 4 & \$ 380 \\
• \hline 5 & \$ 400 \\
• \hline
• \end{array}\)
• E) \(\begin{array} { | c | c | }
• \hline \text { Quantity of Labor } & \text { Value of Marginal Product } \\
• \hline 1 & \$ 0 \\
• \hline 2 & \$ 20 \\
• \hline 3 & \$ 40 \\
• \hline 4 & \$ 60 \\
• \hline 5 & \$ 80 \\
• \hline
• \end{array}\)

Recognize the duties and responsibilities of corporate directors and officers.

Understand the mechanisms through which corporations distribute income to shareholders.

Differentiate between types of corporations based on structure, purpose, and ownership.

Learn about the legal consequences of corporate actions that exceed their stated powers (ultra vires acts).

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The use of vivid or figurative language to represent objects, actions, or ideas in literature, particularly in poetry, to evoke a mental image or sensory experience.

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