-Kevin Owns a Personal Training Gym in Laredo,Texas

question 35

Multiple Choice

-Kevin owns a personal training gym in Laredo,Texas.He charges $41 per session.The above table shows the marginal product of trainers in Kevin's gym.If Kevin hires one trainer,the value of marginal product of this trainer equals

• A) 4 clients.
• B) $164.
• C) $410.
• D) $41.
• E) None of the above answers is correct.

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Definitions:

Internet Time

A concept that reflects the acceleration of product development, innovation, and market transformation attributed to the rapid exchange of information via the internet.

Strategic Time

A planned duration allocated for formulating, executing, and reviewing strategic plans to achieve long-term organizational goals.

Specific Results

Outcome or achievements that are clearly defined and quantifiable.