If One Worker Can Pick $30 Worth of Grapes and Two

question 53

Multiple Choice

If one worker can pick $30 worth of grapes and two workers together can pick $50 worth of grapes,we can say that the marginal revenue product of:

• A)each worker is $25
• B)the first worker is $25
• C)the first worker is $20
• D)the second worker is $30
• E)the second worker is $20

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Definitions:

Statistical Discrimination

The practice of making decisions about groups of people based on statistical generalizations, rather than individual merit, often leading to unfair outcomes.

Neighborhood Location

The specific area or place within a larger urban or rural setting where a given community resides.

Formal Economy

The sector of the economy that operates within official regulations and is taxed and monitored by a government.

Work Benefit

Advantages or perks provided to employees in addition to their salary, such as health insurance, retirement plans, paid vacation, and professional development opportunities.