Mary Is Considering Hiring Another Worker in an Assembly Line

question 147

Multiple Choice

Mary is considering hiring another worker in an assembly line for Bluetooth speakers.Mary knows that the average product of labour is 15 speakers per day.She also believes that the next worker hired will produce an extra 12 speakers per day.A speaker sells for $10.Assuming that the market for speakers is perfectly competitive,Mary should hire another worker:

• A) only if the new worker's marginal product is 12 or more.
• B) only if the new worker's daily wage is $150 or less.
• C) only if the new worker's daily wage is $120 or less.
• D) since the marginal product is below the average product.

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Recognize factors associated with child adjustment in different family living arrangements.

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