This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A new donut shop opens and to maximize profits it hires 4 workers at the competitive wage rate. The ... (Read 43 times)

blinding37

  • Full Member
  • ***
  • Posts: 148
on: Nov 23, 2022
A new donut shop opens and to maximize profits it hires 4 workers at the competitive wage rate. The price of a donut is $2.75 and the value of the marginal product of workers in the donut shop is $10 an hour. What is the marginal product of the donut shop workers? How much does a worker earn per hour?
◦ 3.64, $3.64
◦ 0.28, $10
◦ 0.28, $0.28
◦ 3.64, $10
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by blinding37 on Nov 23, 2022

bball_babe_123

  • Full Member
  • ***
  • Posts: 178
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


blinding37

  • Member
  • Posts: 148
Reply 2 on: Nov 23, 2022
:D TYSM

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Effects of growth rate on development. Effects of growth rate on development.
Non-competitive inhibition Non-competitive inhibition
Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
The rate of facilitated diffusion The rate of facilitated diffusion
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
Video: Otitis Media

For a complete list of videos, visit our video library