The Relationship Between Labor Usage and Output at the Local

question 64

Multiple Choice

The relationship between labor usage and output at the local coffee shop is summarized in the table below.The price of a cup of espresso is $1.25 and no other inputs are required. $$\begin{array} { c c } \begin{array} { c c } \text { Labor } \\\underline { \text { Input }}\end{array} & \begin{array} { c } \text { Cups of } \\\underline { \text { espresso }}\end{array} \\ 0 & 0 \\1 & 25 \\2 & 45 \\3 & 60 \\4 & 70 \\5 & 75\end{array}$$
The most the coffee shop would pay the third worker is _______.

• A)$75
• B)$60
• C)$18.75
• D)$15

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Definitions:

Bonuses

Additional financial compensation given to employees as a reward for good performance, over and above their regular salary.

Cooperation

The act of working together towards a common goal, often emphasizing teamwork and mutual assistance.

Deadlines

Specific dates or times by which tasks must be completed or submissions must be made.

Specific Goal

A clearly defined and identifiable objective that a person or organization aims to achieve within a set timeframe.