Omega Custom Cabinets Produces and Sells Custom Bathroom Vanities

question 274

Multiple Choice

Omega Custom Cabinets produces and sells custom bathroom vanities.The firm has determined that if it hires 10 workers,it can produce 20 vanities per week.If it hires 11 workers,it can produce 22 vanities per week.It sells each vanity for $800,and it pays each of its workers $1,000 per week.

• A)For the 11th worker, the marginal profit is $600.
• B)For the 11th worker, the marginal revenue product is $2,000.
• C)The firm is maximizing its profit.
• D)If the firm is employing 11 workers, then its profit would increase if it cut back to 10 workers.

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Definitions:

Death Seekers

Individuals who exhibit a strong desire for death, often in the context of suicidal ideation or behavior.

Attempt Suicide

The act of trying to take one's own life but not resulting in death.

Suicide Education Programs

Suicide prevention programs that take place in schools and concentrate on students and their teachers. There are also a growing number of online sites that provide education about suicide—targeting troubled persons, their family members, and friends.

Previously Attempted Suicide

Refers to an individual who has made one or more attempts to end their own life in the past.