A Lawn Service Is Deciding Whether to Add an Additional

question 151

Multiple Choice

A lawn service is deciding whether to add an additional employee to its summer crew. The marginal cost of hiring this worker depends on the

• A) total amount paid to only the new worker.
• B) total amount paid to all previously hired workers.
• C) the total amount paid to all the workers, both the new one and the previously hired workers.
• D) the additional revenue created by having an additional worker minus the cost of hiring the worker.

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Definitions:

External

Pertaining to factors, forces, or environments outside of an individual or organization that influence outcomes or actions.

Lesbian, Gay, Bisexual, and Transgender

An inclusive term for communities and individuals who identify as lesbian, gay, bisexual, transgender, encompassing diverse sexual orientations and gender identities.

Illegal

Activities or actions that are forbidden by law and subject to criminal penalties or fines.

United States

A country located primarily between Canada and Mexico in North America, known for its significant influence on global politics, economy, and culture.