Jill Runs a Factory That Makes Lie Detectors in Little

question 174

Multiple Choice

Jill runs a factory that makes lie detectors in Little Rock,Arkansas.This month,Jill's 34 workers produced 690 machines.Suppose Jill adds one more worker and,as a result,her factory's output increases to 700.Jill's marginal product of labor from the last worker hired equals ________.

• A) 10
• B) 20
• C) 690
• D) 700
• E) None of the above answers is correct.

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Definitions:

Social Media

Digital platforms that enable users to create, share, or exchange information, ideas, pictures, videos, and more with others in virtual communities and networks.

Second-order Response

Reactions or responses that are influenced by changes in underlying factors rather than by direct actions or stimuli.

Point-of-sale

The location or moment at which a transaction is completed, involving the exchange of goods or services for payment.

Reciprocity

A social norm of responding to a positive action with another positive action, fostering positive relations among individuals.