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Table 112 -Refer to Table 11

question 186

Multiple Choice

Table 11.2
 Workers  per Day  Total Product  Marginal Product  Total  Revenue ($)  Marginal  Revenue  Froduct ($) 00011001,0001,0002951,95095032859090043703,7008505804,500800\begin{array} { | c | c | c | c | c | } \begin{array} { c } \text { Workers } \\\text { per Day }\end{array} & \text { Total Product } & \text { Marginal Product } & \begin{array} { c } \text { Total } \\\text { Revenue } \\( \$ ) \end{array} & \begin{array} { c } \text { Marginal } \\\text { Revenue } \\\text { Froduct } ( \$ ) \end{array} \\\hline 0 & 0 & - & 0 & - \\\hline 1 & 100 & & 1,000 & 1,000 \\\hline 2 & & 95 & 1,950 & 950 \\\hline 3 & 285 & 90 & & 900 \\\hline 4 & 370 & & 3,700 & 850 \\\hline 5 & & 80 & 4,500 & 800 \\\hline\end{array}
-Refer to Table 11.2 which shows the product price of a perfectly competitive firm and the output produced by the firm.The marginal revenue product of the third worker is _____

Recognize the role and importance of ethics and codes of ethics in organizational behavior.
Comprehend the principles of corporate social responsibility (CSR) and its impact on organizational strategy.
Identify the risks and consequences faced by whistleblowers.
Understand the difference between moral, amoral, and immoral leadership in the context of ethical organizational behavior.

Definitions:

Common Stock

A type of security that represents ownership in a corporation, with voting rights and potential for dividends.

Par Value

The stated value of a financial security, such as a bond or stock, as declared by the issuer.

Preferred Stock

A type of equity security that has a priority claim on a company's assets and earnings before common stock, usually with fixed dividends and no voting rights.

Paid-In Capital Excess

The amount of equity a company generates that is above the par value of its shares, often arising from the initial sale of its stock.

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