Let L Represent the Number of Workers Hired by a Firm

question 39

Multiple Choice

Let L represent the number of workers hired by a firm, and let Q represent that firm's quantity of output. Assume two points on the firm's production function are (L=6,Q=147) and (L=7,Q=184) . The marginal product of the seventh worker is

• A)25 units of output.
• B)27 units of output.
• C)37 units of output.
• D)184 units of output.

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Definitions:

Organizational Creativity

The ability of a company or organization to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating, and entertaining.

Organizational Norms

Established standards of behavior or beliefs that dictate the proper way to act within a specific organization.

Employee's Concern

Refers to the issues, needs, or worries that workers have regarding their job, working environment, or benefits.

Scapegoating

The practice of unfairly blaming an individual or group for problems or adverse outcomes.