The Table Has the Marginal Products for Workers at Bart's

question 25

Multiple Choice

The table has the marginal products for workers at Bart's Bats, a baseball bat factory.
-Using the above table,if the wage rate for a worker in a baseball bat manufacturing plant is $12 an hour,and the price of a bat is $3,then the firm will hire ________ workers.

• A) 1
• B) 2
• C) 3
• D) 4
• E) 5

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Definitions:

Ingratiation

A psychological technique wherein an individual attempts to become more attractive or likable to their target.

Effective

Pertaining to achieving desired outcomes or results with minimal waste of time or effort.

Situations

Contexts or scenarios in which events occur, often influencing the behavior and decisions of those involved.

Personal Power

The influence or authority a person holds, derived from their skills, qualities, or relationships, rather than their formal position.