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

Understand the concept of dividends and calculate returns on stocks.

Calculate the present and future values of uneven cash flow streams.

Understand the impact of interest rates on loan repayments.

Calculate the amount borrowed or lent based on installment amounts.

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Definitions:

Aroused, Motivated State

A condition of being mentally and physically activated or energized towards achieving a specific goal.

Physiological Need

Physiological Need refers to basic physical requirements essential for human survival, such as food, water, and shelter, as defined in theories of motivation like Maslow's hierarchy of needs.

A Drive

A drive is a psychological state that motivates an organism to satisfy a need, often critical for survival, like hunger or thirst.

Sleepiness

A state of strong desire for sleep, or sleeping for unusually long periods (compare with fatigue).