Use the Following to Answer Question

question 200

Multiple Choice

Use the following to answer question:
Figure: The Demand for Bricklayers
-(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.If the price for bricks laid in the wall is $0.10 a brick,the marginal product of the second bricklayer is _____ bricks.

• A)1,500
• B)1,400
• C)1,300
• D)1,200

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Definitions:

Leather Shoes

Footwear made from the hide of animals, treated and fashioned into various styles and forms for practical and fashion purposes.

Downward-Sloping

Describes a line or curve that moves from the upper left to the lower right, often used to illustrate a decrease in price leading to an increase in demand.

Upward-Sloping

A term often used in economics to describe a curve or line on a graph that increases in value as you move from left to right, indicating a direct relationship between two variables.

Excise Tax

A tax on the sale or use of specific products or transactions.