Use the following to answer question
-If hiring the 4th worker increases total product by 50 units and the price of each unit is $15,
Definitions:
ROE
A financial ratio expressing the profitability of a firm in relation to stockholders' equity, used to assess how efficiently a company uses investments to generate profit.
Common Equity
The portion of a company's equity that is held by common shareholders, represented by common stock.
Net Income
The profit a company generates after all expenses, taxes, and costs have been subtracted from total revenue.
Taxes
Compulsory financial charges imposed by a government on individuals, entities, or transactions to fund public expenditures.
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