If UPS Hires Another Worker,UPS Will Be Able to Deliver

question 34

Multiple Choice

If UPS hires another worker,UPS will be able to deliver an additional 20 packages an hour.The price of each package is $5.The value of this worker's marginal product is equal to

• A) $5.
• B) $100.
• C) $4.
• D) 20 packages.
• E) $20.

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Definitions:

General Proposition

A statement or assertion that expresses a concept or principle applying broadly across many instances or situations.

Insufficient Evidence

A situation where there is a lack of adequate information or data to support a claim or conclusion.

Blanket Statement

A generalization that is broad and overlooks exceptions or variability.

Fallacy

A mistake in logic that makes an argument incorrect or deceptive.