Table 1-4 Eva Runs a Small Bakery in the Village

question 160

Multiple Choice

Table 1-4
Eva runs a small bakery in the village of Roggerli. She is debating whether she should extend her hours of operation. Eva figures that her sales revenue will depend on the number of hours the bakery is open as shown in the table above. She would have to hire a worker for those hours at a wage rate of $12 per hour.
-Refer to Table 1-4. Using marginal analysis, determine how many hours should Eva extend her bakery's hours of operations?

• A) 2 hours
• B) 3 hours
• C) 4 hours
• D) 5 hours
• E) 6 hours

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Definitions:

Wrongful Discharge

The unjust firing of an employee in violation of the contract or laws protecting employees.

Progressive Discipline

A method of employee discipline that employs a gradual increase in the severity of penalties for repeated offenses, aiming to improve behavior or performance over time.

Employee Handbook

A document provided by an employer to employees outlining the company's policies, procedures, and expectations.

Great Depression

A severe worldwide economic downturn that took place during the 1930s.