The Following Table Shows Output Per Hour Produced by the Different

question 59

Multiple Choice

The following table shows output per hour produced by the different units of labor. Table 14.1
The marginal revenue product of a resource is equal to the product of the marginal product of an input and marginal revenue.
According to Table 14.1,the marginal-revenue product of the:

• A)fourth worker is $8.
• B)fifth worker is $3.
• C)first worker is $3.
• D)third worker is $5.
• E)second worker is $12.

---

Definitions:

Highly Skilled Employees

Workers possessing advanced qualifications, extensive experience, and specialty skills that are critical for certain professions or industries.

Employee Referrals

A recruitment method where existing employees recommend prospective candidates for open positions within the organization.

Discrimination

The unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Talent Pool

A group of skilled individuals from which organizations can draw when filling vacant positions.