Red Stone Creamery Currently Hires 5 Workers

question 325

Multiple Choice

Red Stone Creamery currently hires 5 workers.When it added a 6th worker, its output actually fell.Which of the following statements is true?

• A)The marginal product of the sixth worker must be negative.
• B)The average product of the sixth worker is negative.
• C)The sixth worker is not as skilled as the fifth worker.
• D)The total product becomes negative.

Appreciate the role and limits of economic models and theories in explaining real-world phenomena.

Recognize the importance of investment in accumulating capital goods.

Understand the scientific method's application to economics and its relevance in studying human behavior.

Understand the broad categories of economic resources and their examples.

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Definitions:

Job Responsibilities

Specific tasks or duties that an individual is expected to perform as part of their employment role.

Effective Self-Talk

A psychological strategy involving positive or motivational internal dialogue that enhances personal performance or well-being.

Affirming Statements

Positive declarations or expressions of support and encouragement aimed at validating someone's feelings or actions.

Counterproductive Words

Terms or phrases that can hinder progress, negatively affect morale, or undermine the intentions of communication.