Table 142 -Refer to Table 14

question 130

Multiple Choice

Table 14.2
$\begin{array}{|c|c|c|c|c|}\hline \begin{array}{c}\text { Quantity of } \\\text { labour }\end{array} & \begin{array}{c}\text { Output of iPods per } \\\text { Week }\end{array} & \begin{array}{c}\text { Marginal Product of } \\\text { labour }\end{array} & \begin{array}{c}\text { Product Price } \\\text { (dollars) }\end{array} & \begin{array}{c}\text { Wage } \\\text { (dollars) }\end{array} \\\hline 1 & 8 & 8 & \$ 300 & \$ 350 \\\hline 2 & 15 & 7 & 280 & 350 \\\hline 3 & 21 & 6 & 260 & 350 \\\hline 4 & 26 & 5 & 240 & 350 \\\hline 5 & 30 & 4 & 220 & 350 \\\hline 6 & 33 & 3 & 200 & 350 \\\hline 7 & 35 & 2 & 180 & 350 \\\hline\end{array}$
-Refer to Table 14.2.The firm represented in the diagram

• A)has market power in the factor market.
• B)has market power in the output market.
• C)has market power in both the factor and product market.
• D)has no market power in the factor or product market.

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Definitions:

Metabolic Disorder

A medical condition that occurs when the metabolism process fails, and the body has trouble with breaking down, processing, or taking in nutrients.

Chromosomal Abnormalities

Genetic defects involving changes in the number or structure of chromosomes, leading to various developmental and health problems.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21. It is characterized by intellectual disability and physical features such as a distinct facial appearance.

Mosaicism

A cause of Down syndrome in which cell division occurs unevenly, so that some cells have 45 chromosomes and some have 47. People with mosaic Down syndrome may have fewer physical characteristics, better speech, and higher intellectual functioning, depending upon the numbers of cells affected.