When Caroline's Dress Factory Hires Two Workers,the Total Product Is

question 76

Multiple Choice

When Caroline's dress factory hires two workers,the total product is 50 dresses.When she hires three workers,the total product is 48,and when she hires four workers,the total product is 45.The marginal product of the third and fourth workers is:

• A) increasing and positive.
• B) increasing and negative.
• C) decreasing and positive.
• D) decreasing and negative.

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Definitions:

Promotional Expenditures

The amount of money a company spends on marketing and advertising activities to increase brand awareness, product visibility, and sales.

Product Demand

The quantity of a product that consumers are willing and able to purchase at various price levels.

Operations Manager

An expert tasked with managing, creating, and supervising the workflow and revamping company processes during the production of goods or services.