Use the Table for the Question(s) Below

question 60

Multiple Choice

Use the table for the question(s) below.
The quarterly working capital levels for Fancy Weddings Inc. are presented in the following table (in $ millions) :

-In which quarter are Fancy's seasonal working capital needs the greatest?

• A) 1
• B) 2
• C) 3
• D) 4

---

Definitions:

Output Per Worker

The average amount of goods or services produced by an employee in a given period, indicating labor productivity.

Current Technology

Current technology refers to the latest or most advanced technological innovations, tools, and practices available for use in various industries or activities.

Technological Improvement

The process of innovation where better technologies make production more efficient, leading to higher output with the same input.

Per-Worker Production Function

The per-worker production function depicts the relationship between the average product output per employee and the inputs used per employee, highlighting the efficiency of labor in production.