If a Worker Costs $75 Per Day and Adds 1,500

question 61

Multiple Choice

If a worker costs $75 per day and adds 1,500 units to output,the firm should employ that worker when the price of the product is at or above ________ per unit.

• A) $.01
• B) $.02
• C) $.03
• D) $.04
• E) $.05

---

Definitions:

Attention Control

The ability to regulate one's focus, including sustaining attention on tasks and shifting attention when necessary.

Response Inhibition

The cognitive ability to suppress actions or behaviors that are inappropriate or no longer required in a given context.

Working Memory

An intellectual mechanism possessing restricted capability, tasked with momentarily storing data for processing purposes.

Deductive Reasoning

A logical process where one arrives at a specific conclusion based on general premises or principles.