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 443 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

samiel-sayed

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

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
Exercise increases the heart rate. Exercise increases the heart rate.
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
Population growth rate % Population growth rate %
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Decubitus Ulcer

For a complete list of videos, visit our video library