Table 114 -Refer to Table 11

question 87

True/False

Table 11.4
$$\begin{array} { | c | c | c | } \hline \text { Number of Workers } & \begin{array} { c } \text { Total } \\\text { Froduct }\end{array} & \begin{array} { c } \text { Product } \\\text { Price } ( \$ )\end{array} \\\hline 0 & 0 & 4 \\\hline 1 & 15 & 4 \\\hline 2 & 29 & 4 \\\hline 3 & 42 & 4 \\\hline 4 & 54 & 4 \\\hline 5 & 65 & 4 \\\hline 6 & 75 & 4 \\\hline 7 & 84 & 4 \\\hline 8 & 92 & 4 \\\hline 9 & 99 & 4 \\\hline 10 & 105 & 4 \\\hline\end{array}$$
-Refer to Table 11.4 for the data for a perfectly competitive firm.The first column shows the number of workers employed in production,the second column shows the total product of the firm,and the third column shows its product price.From the data in the table,it can be said that the marginal revenue product begins to decline with the second worker hired.

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Definitions:

Fugitive Slave Act

Legislation passed in 1850 that required the return of escaped slaves to their owners and imposed penalties on anyone who aided in their flight, intensifying antislavery sentiments.

Escaped Slaves

Individuals who fled from slavery to seek freedom, often traveling long distances and facing significant dangers.

Arrest

The act of legally detaining a person by authorities on grounds of suspected or proven involvement in criminal activity.

Republicans

A political designation referring to members or supporters of a republican party, which typically advocates for a government in which the people hold power, either directly or through elected representatives.