The Following Table Depicts Both the Product and Labor Markets

question 98

Multiple Choice

The following table depicts both the product and labor markets for imported coffee.What is the total revenue when 15 workers per day are hired? $$\begin{array} { c c c } \begin{array} { c } \text { Labor Input } \\\text { (workers per day) }\end{array} & \begin{array} { c } \text { Total } \\\text { Physical Product }\end{array} & \begin{array} { c } \text { Product } \\\text { Price } ( \$ ) \end{array} \\\hline 10 & 100 & 50 \\11 & 110 & 49 \\12 & 120 & 48 \\13 & 130 & 47 \\14 & 140 & 46 \\15 & 150 & 45 \\\hline\end{array}$$

• A)$5,000
• B)$6,750
• C)$7,350
• D)$7,500

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Definitions:

Transmission Rates

The speed at which data is transferred from one device or system to another.

Daylight Hours

The period during a day when natural light from the sun is available.

Asynchronous Meetings

Meetings where participants engage at different times according to their convenience, rather than gathering at the same time.

Time Zones

Geographic regions that follow the same standard time, affecting scheduling and coordination in global projects.