If a Firm Increases the Number of Workers from 32

question 111

Multiple Choice

If a firm increases the number of workers from 32 to 33 and the total wages paid rise from $112,000 to $121,000, the marginal wage of the 33^rd worker is

• A) $273.
• B) $3,667.
• C) $121,000.
• D) $9,000.

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Definitions:

Depression

A common mental health disorder characterized by persistent sadness, loss of interest in activities, and a variety of emotional and physical problems.

Pathological Process

The sequence of events in the development and progression of a disease or abnormal condition.

Mood Elevating

Refers to interventions or substances that can improve a person's emotional state or mood.

Psychodynamic Therapy

A form of depth psychology, the primary focus of which is to reveal the unconscious content of a client's psyche in an effort to alleviate psychic tension.