The Following Table Provides Information About Production at the XYZ-TV

question 113

Multiple Choice

The following table provides information about production at the XYZ-TV Company. $$\begin{array} { | c | c | c | c | } \hline \text { Number of Workers } & \text { TVs Produced } & \text { Marginal Product } & \begin{array} { c } \text { Value of Marginal } \\\text { Product }\end{array} \\\hline 0 & 0 & \cdots & \cdots \\\hline 1 & 35 & 35 & \$ 35,000 \\\hline 2 & 68 & 33 & \$ 33,000 \\\hline 3 & 99 & 31 & \$ 31,000 \\\hline 4 & 128 & 29 & \$ 29,000 \\\hline 5 & 155 & 27 & \$ 27,000 \\\hline\end{array}$$ How many workers will the XYZ-TV Company hire if the going wage for TV production workers is $32,000?

• A) 0
• B) 1
• C) 2
• D) 3

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Definitions:

1,3-Butadiene

A colorless, flammable gas with a mild odorous smell, used in the production of synthetic rubber and other polymers.

HOMO

Stands for Highest Occupied Molecular Orbital, the topmost energy level occupied by electrons in a molecule under normal conditions.

1,3-Butadiene

An elementary conjugated diene with a molecular composition of C4H6, employed in the manufacture of synthetic rubber as a monomer.

HOMO

Highest Occupied Molecular Orbital, the topmost energy level occupied by electrons in a molecule under normal conditions.