The Number 83

question 57

Multiple Choice

The number 83.476499 rounded to three decimal places is _________.

• A) 83.477
• B) 83.480
• C) 83.476
• D) 83.470

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Definitions:

Workers

Individuals engaged in a particular task or activity, especially in the context of employment or labor.

MRP

The marginal revenue product, which represents the additional revenue generated from employing one more unit of a factor, such as labor or capital.

Workers

Individuals engaged in physical or mental effort aimed at producing goods or providing services in exchange for wages.

Perfect Competitor

A market structure where many firms offer products or services that are similar, allowing for free entry and exit, and no single firm can influence the market price.