When a Firm Hires a Worker for One Hour, the Marginal

question 198

Multiple Choice

When a firm hires a worker for one hour, the marginal benefit to that firm equals the

• A) dollar value of the goods produced by that worker in one hour.
• B) hourly wage of that worker.
• C) number of items the worker produces in that hour.
• D) price of each item that the worker produces in that hour.

---

Definitions:

Sole Proprietorship

A business owned by a single individual.

CSR Activity

Corporate social responsibility activities involve companies taking responsibility for their impact on society and the environment, often beyond what is legally required.

Corporate Performance

An assessment of how effectively a company is achieving its goals, measured through financials, productivity, and market position.

Financial Managers

Individuals responsible for managing an organization's financial health, including planning, organizing, directing, and controlling financial activities.