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.

---

Definitions:

Key Findings

Significant insights or conclusions derived from a research study or analysis.

Appraisal Interview

An interview in which a supervisor shares information with an employee about his or her job performance; also known as a performance review.

Confidential Information

Sensitive data or knowledge that is not to be shared with the general public and is protected for privacy or security reasons.

Ethical Principle

A fundamental guideline or belief that helps determine the rightfulness or wrongfulness of actions and decisions, often underpinning moral conduct.