Table 63 -Refer to Table 6

question 251

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 highest value of the average product of labour is ________ when Manny hires ________ workers.

• A) 80; 3
• B) 100; 3
• C) 100; 2
• D) 80; 4

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Definitions:

Fine

A fine is a monetary penalty imposed by a court or regulatory agency as punishment for an offense or regulation violation.

Corporate Assets

The resources and holdings owned by a corporation, including cash, property, and intellectual property, that contribute to its overall value.

Shareholders

Individuals or entities that own shares in a corporation, representing a portion of the company's ownership.

Looting

In corporation law, the transfer of a corporation’s assets to its managers or controlling shareholders at less than fair value.