The Marginal Productivity of the Third Worker Is

question 29

Multiple Choice

The marginal productivity of the third worker is

• A) 30.
• B) 40.
• C) 50.
• D) 90.

Comprehend the roles of the petty bourgeoisie and proletariat within Marx's theory of class conflict.

Evaluate the criticisms and developments in the status attainment model.

Develop critical thinking and analytical skills by constructing and answering relevant sociological questions.

Understand the concept of opportunity cost in holding money and its calculation.

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Definitions:

Full-capacity Sales

The maximum sales level a company can achieve with its current operational assets without additional investment.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, purchased for operational use and not expected to be converted into cash in the short term.

Production Level

The quantity of goods or services that a company produces within a given period, often directly affecting revenues and profitability.

Capital Intensity Ratio

A measure of how much capital is needed in relation to labor to produce a given level of output.