Use the Accompanying Table, Which Depicts the Worker Productivity of King

question 101

Multiple Choice

Use the accompanying table, which depicts the worker productivity of King Kupcake, to answer the questions that follow.

-When King Kupcake hires its 300th worker,what is that worker's marginal product of labor?

• A) 300 cupcakes
• B) 200 cupcakes
• C) 100 cupcakes
• D) 2 cupcakes
• E) 3 cupcakes

---

Definitions:

Statement of Stockholders' Equity

A financial document that shows changes in the value of a company's equity over a specific period.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down into operating, investing, and financing activities.

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus equity.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership interest in the company.