Table 10-4 Table 10-4 Lists Data for the Production of Production

question 172

Multiple Choice

Table 10-4
Table 10-4 lists data for the production of Apple iPods. Apple is assumed to be a price maker, so to increase its sales of iPods the firm must lower its price. MPL and MRPL refer to the marginal product of labour and the marginal revenue product of labour, respectively.
-Refer to Table 10-4.What are the price and quantity of workers that result in the maximum amount of revenue Apple would earn from selling iPods?

• A) $180; 1
• B) $140; 2
• C) $120; 2
• D) $120; 4

---

Definitions:

Paul Ekman

An American psychologist known for his work on the facial expressions of emotions and their correlation with human feelings.

Sympathy

Feelings of pity and sorrow for someone else's misfortune.

Behavioural Expression

The outward display or manifestation of an individual's behavior, including verbal and non-verbal communications, gestures, and actions.

Innate

Possessed from birth; inherent or natural characteristics not gained through experience.