Harold Brown Runs a Company That Sells Encyclopedia Sets for $250

question 198

Multiple Choice

Harold Brown runs a company that sells encyclopedia sets for $250 each. When he employs 10 workers, they can sell 60 sets per week, while only 54 sets are sold when 9 workers are employed. What is the weekly marginal revenue product of the tenth worker?

• A) $250
• B) $1,250
• C) $1,500
• D) $15,000

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Definitions:

Little Decision Making

Situations where individuals have minimal or no choice in the decisions affecting them.

Violence Against

The use of physical force or power, threatened or actual, to cause harm, injury, or abuse toward others.

Similar To Murder

Acts or crimes that bear resemblance to murder in their severity or intention, such as manslaughter or attempted murder.

Lucrative Establishment

A business or organization that generates a significant amount of profit.