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Author Question: The table shows the number of workers (L) and the output of bouncy balls (Q) each week. The bouncy ... (Read 488 times)

isam

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on: Nov 23, 2022
The table shows the number of workers (L) and the output of bouncy balls (Q) each week. The bouncy ball producer is a price taker in both the product and labor markets.
Number of Workers (L)Output of Bouncy Balls (Q)
00
141​
297​
3144​
4184​
5205​
6225​
Assume the price of a bouncy ball is $7.25. If the equilibrium wage is $290, what is the additional profit earned from hiring the third worker?
◦ $340.75
◦ $50.75
◦ $754
◦ $1044
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by isam on Nov 23, 2022

kuttz

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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.
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isam

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

raili21

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Reply 3 on: Yesterday
Wow, this really help

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