The Following Table Shows the Total Output Per Hour Produced

question 27

Multiple Choice

The following table shows the total output per hour produced in a factory at various levels of employment of labor. The firm sells each unit of output at $2 and each worker is paid a wage of $12.
Table 5-1
$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Nurnber of } \\\text { workers }\end{array} & \text { Total output } \\\hline 1 & 8 \\\hline 2 & 18 \\\hline 3 & 30 \\\hline 4 & 41 \\\hline 5 & 50 \\\hline 6 & 55 \\\hline 7 & 59 \\\hline 8 & 61 \\\hline 9 & 62 \\\hline\end{array}$
-Refer to Table 5-1. What is the marginal revenue product of the 4th worker?

• A) $82
• B) $20.50
• C) $22
• D) $18
• E) None of these answers is correct.

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Macro-level Sociology

examines societal dynamics and structures at a large scale, focusing on social systems, institutions, and populations rather than individual behaviors.

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Large-scale social structures and institutions that shape the patterns and behaviors of social life, including economy, government, and education systems.

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A sociological perspective focusing on how individuals interpret and respond to the symbolic meanings in their social interactions.

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