If the Owner of an Ice-Cream Stand Told a Student

question 54

Multiple Choice

If the owner of an ice-cream stand told a student looking for summer work that he would not hire him even if he worked for nothing, we can infer that

• A)The marginal product of the labor is zero or less
• B)The average product of labor is rising
• C)The marginal product of labor is rising
• D)The owner is producing at the lowest cost

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Definitions:

Incidence

The frequency or rate at which a particular event or condition occurs within a specific population or area.

Criminal Activity

Refers to the conduct that violates the laws established by a government and is subject to prosecution and punishment.

Connectedness

The state or quality of being linked or related with others, especially in a social, emotional, or community context.

Immigrant Families

Households or family units that have relocated to a new country from their country of origin.