If Eight Workers Can Manufacture 70 Tables Per Day and Nine

question 67

Multiple Choice

If eight workers can manufacture 70 tables per day and nine workers can manufacture 90 tables per day,

• A)the marginal product of hiring the ninth worker is 20 tables
• B)the marginal product of hiring the ninth worker is 10 tables
• C)the marginal revenue associated with the ninth worker is $90 if nine tables sell for $10 each
• D)there are diminishing marginal returns to labor,starting with the ninth worker
• E)average revenue is rising

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Definitions:

Plasma Membrane

The plasma membrane is a biological barrier that divides a cell's inside from its external surroundings, regulating the entry and exit of materials.

Stem Epidermis

The outermost layer of cells covering the stem of a plant, protecting it and contributing to water and gas exchange.

Parenchyma

A type of simple, living and frequently photosynthetic plant tissue that makes up the bulk of most non-woody structures.

Life Cycle

The series of changes in the life of an organism, including reproduction, growth, and eventually death.