Table 63 -Refer to Table 6

question 132

Multiple Choice

Table 6.3
$$\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Quantity of } \\\text { Workers }\end{array} & \begin{array} { c } \text { Quantity of } \\\text { Boxes }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Product of } \\\text { Labour }\end{array} & \begin{array} { c } \text { Average } \\\text { Product of } \\\text { Labour }\end{array} \\\hline 0 & 0 &-- - - & ---- \\\hline 1 & 50 & & \\\hline 2 & 200 & & \\\hline 3 & 240 & & \\\hline 4 & 264 & & \\\hline 5 & 284 & & \\\hline\end{array}$$
-Refer to Table 6.3.The table above refers to the relationship between the quantity of workers employed and the number of cardboard boxes produced per day by Manny's House of Boxes.The capital used to produce the boxes is fixed.The average product of labour will equal 60 boxes when Manny hires ___________.

• A) the second worker
• B) the third worker
• C) the fourth worker
• D) the fifth worker

---

Definitions:

Profits and Losses

Financial gains or deficits that a business experiences, typically shown in an income statement.

Invests

Invests pertains to the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Capital Account

A financial statement that shows the changes in a company’s equity throughout a period, from investments, withdrawals, and net income.

Recording a Bonus

The process of documenting an additional compensation given to employees or stakeholders, over and above their regular earnings.