As a Result of Increasing Its Workforce from 9 Workers

question 200

Multiple Choice

As a result of increasing its workforce from 9 workers to 10 workers, a firm's total revenue per day increases from $60,000 to $60,250 and its total cost per day increases from $58,500 to $58,700. The marginal profit of the 10th worker is

• A) -$50.
• B) $50.
• C) $200.
• D) $250.

---

Definitions:

Comparative Negligence

A legal principle under which the fault for an accident is divided among all parties involved based on the degree of responsibility of each party.

Pure Comparative

A legal principle of negligence law allowing a plaintiff to recover a percentage of damages even if they are partially at fault, with compensation reduced by their percentage of fault.

Modified Comparative

A legal doctrine used in some jurisdictions for determining damages and liability based on the degree of fault of each party.

Assumption Of Risk

A legal doctrine that a person may not recover for an injury received when they voluntarily expose themselves to a known danger.