If 9 Workers Can Produce 1,550 Units of Output and 10

question 189

Multiple Choice

If 9 workers can produce 1,550 units of output and 10 workers can produce 1,700 units of output,then the marginal product of the 10th worker is

• A) 1,700 units.
• B) 1,550 units.
• C) 150 units.
• D) 170 units.
• E) 155 units.

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Definitions:

Cost of Services Account

An accounting category that includes all direct costs associated with the delivery of services, such as labor and materials.

Job Costs

The total expenses associated with a specific job or project, including labor, materials, and overhead, used for pricing and profitability analysis.

Job Cost Sheet

A document used to track the expenses associated with a specific job or project, including materials, labor, and overhead costs.

Cost Ledger

A subsidiary ledger containing all cost-related information, including direct and indirect costs ledgers, for a company.