Assume Ajax Company Employs 100 Workers and Total Revenue Is

question 26

Multiple Choice

Assume Ajax Company employs 100 workers and total revenue is $400 thousand. When Ajax Company employs 101 workers, total revenue is $405 thousand. The marginal revenue product of the 101st workers is:

• A) $40 thousand.
• B) $5 thousand.
• C) $405 thousand.
• D) none of the above.

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Definitions:

Aging Population

A demographic trend characterized by an increase in the proportion of older individuals within the overall population, often resulting in significant social and economic impacts.

Ambulatory Care

Medical services or treatments that are provided on an outpatient basis, without the need for hospital admission.

Independent Nurse Practitioner

A nursing professional who practices autonomously in diagnosing and treating patients, often in specialized areas of healthcare.

Disease Prevention

The implementation of strategies and practices aimed at reducing the risk and incidence of diseases within a population.