Use the Following to Answer Questions -(Table: Workers and Corn Output)Use Table: Workers and Corn Output

question 294

Multiple Choice

Use the following to answer questions : $$\begin{array}{l}\text { Table: Workers and Corn Output }\\\begin{array} { l c } \hline \begin{array} { l } \text { Numbers } \\\text { of Workers }\end{array} & \begin{array} { c } \text { Output } \\\text { of Corn } \\\text { (units of corn) }\end{array} \\\hline 0 & 0 \\1 & 30 \\2 & 58 \\3 & 79 \\4 & 94 \\5 & 104 \\6 & 108 \\7 & 110 \\\hline\end{array}\end{array}$$
-(Table: Workers and Corn Output) Use Table: Workers and Corn Output.Laura is a price-taking farmer who produces corn.Assume that the wage rate for workers is $250 and the price per kilogram of corn is $20.Laura should hire _____ workers to maximize profits.

• A) 1
• B) 2
• C) 4
• D) 7

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Definitions:

Ethical Situations

Scenarios that require individuals or organizations to make choices based on moral principles and values.

Principle-Based

Relating to or denoting an approach that relies on a set of guiding principles or values to dictate how something is to be done or managed.

Ethical Dilemmas

Situations in which a person must choose between actions that are evaluated as morally right or wrong, often involving a conflict of values.