Ten Cases of Spring Water Are Sold for $6 Each

question 2

Multiple Choice

Ten cases of spring water are sold for $6 each, and the marginal product of the last unit of labor is 5. If the price of a case increases from $6 to $8, then the marginal revenue product of the last unit of labor would

• A) decrease by $10.
• B) increase by $40.
• C) decrease by $30.
• D) increase by $10.
• E) not change.

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Definitions:

Dreaming

A sequence of ideas, pictures, and feelings that take place in an individual's mind while they are asleep.

Selective Deprivation

A method in research where participants are deprived of certain stimuli or experiences to study the effects.

REM Sleep

A phase of sleep characterized by rapid eye movements, increased brain activity, and vivid dreams.

Waking Performance

The efficiency and effectiveness of cognitive, physical, and emotional functions during wakefulness.