Assume That a Worker Works 60 Hours a Week

question 11

Multiple Choice

Assume that a worker works 60 hours a week. He contributes an additional $90,000 to the firm's revenue and his personal disutility from the job is $35,000. If he is paid $58,000 per year, what is the net profit from this employment relationship?

• A) $32,000
• B) $35,000
• C) $55,000
• D) $34,000
• E) $23,000

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Definitions:

Periosteum

The dense layer of vascular connective tissue enveloping the bones except at the surfaces of the joints.

Endosteum

A thin, vascular membrane covering the internal surfaces of bones.

Diaphysis

The main or midsection (shaft) of a long bone, which is typically hollow and contains marrow.

Rheumatoid

Relates to rheumatoid arthritis, a chronic inflammatory disorder affecting many joints, including those in the hands and feet.