If the MPP of the Last Worker Hired Is 3

question 86

Multiple Choice

If the MPP of the last worker hired is 3 units per hour,product price is constant at $5 per unit,and the wage rate is $18 per hour,then:

• A) The last worker hired is profitable for the firm.
• B) The employer should raise wages and hire more workers.
• C) The last worker hired should not be employed because she costs more than she is worth.
• D) In order to earn a profit,the price of the product must decrease.

Assess the importance of technology in job design and the development of techno-human systems.

Understand different alternative work arrangements and their characteristics.

Identify the advantages and disadvantages of telecommuting for employees and organizations.

Recognize the importance and effects of work design elements such as job sharing, compressed workweek, and flexible working hours.

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Definitions:

Industrialization

Describes the period of social and economic change that transforms a human group from an agrarian society into an industrial one.

Economic Life

Refers to all activities related to the production, distribution, and consumption of goods and services in an economy.

Gendered Institutions

Organizations and structures in society that reproduce gender distinctions and inequalities through their norms, policies, and practices.

Feminist Theory

An extension of feminism into theoretical or philosophical fields, focusing on gender inequality.