Suppose That Mark Is a Person with a Very Realistic

question 45

Multiple Choice

Suppose that Mark is a person with a very realistic and planful approach to life. Luke is a person who lives for the moment, deluding himself about the realities of life and instead focusing on the next "big adventure" in his life. When Mark and Luke enter middle adulthood, which of the following statements is the best description about how they are likely to experience this transition?

• A) Mark will be much more likely than Luke to have a midlife crisis.
• B) Luke will be much more likely than Mark to have a midlife crisis.
• C) Both Mark and Luke will be very likely to have a midlife crisis, because they are men.
• D) Neither Mark nor Luke will be likely to have a midlife crisis, because they are men.

---

Definitions:

Unit of Labor

A measure of labor input, often referred to as one hour of work by an employee or worker.

Marginal Product

The additional output resulting from the use of one more unit of a production input.

Total Product

The total output of goods or services produced by a firm over a given period of time.

Marginal Product

Marginal product is the additional output gained from increasing one unit of a variable input, holding all other inputs constant, in the production process.