Aurora Custom Cabinets Produces and Sells Custom Kitchen Cabinets

question 131

Multiple Choice

Aurora Custom Cabinets produces and sells custom kitchen cabinets.The firm has determined that if it hires 10 workers,it can produce 4 sets of cabinets per day.Alternatively,if it hires 11 workers,it can produce 4.2 sets of cabinets per day.It sells each set of cabinets for $2000,and it pays each of its workers $200 per day.What will help the firm to make the right decision regarding hiring the 11th worker

• A)For the 11th worker, the value of the marginal product of labour is $500.
• B)For the 11th worker, the marginal revenue product is $400.
• C)If the firm hires 11 workers, the firm is maximizing its profit.
• D)If the firm hires 11 workers, then its profit would decrease.

Comprehend the strategies adults employ to offset age-related declines in abilities, such as selective optimization with compensation.

Recognize the impact of physical health on brain functioning and cognitive ability.

Appreciate the role of automatic and intuitive processes in expert problem-solving and decision-making.

Understand the development and significance of flexible thinking and strategic planning in expertise.

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Definitions:

Epidermis

The outermost layer of skin that provides a waterproof barrier and creates our skin tone.

Mucosa

Mucous membrane consisting of epithelium and lamina propria. In the digestive tract, there is also a layer of smooth muscle.

Syncytiotrophoblast

A layer of multinucleated cells that form the outer layer of the blastocyst, contributing to the formation of the placenta in pregnancy.

Nonantigenic

Refers to substances that do not trigger an immune response by the body.