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Author Question: In the above table, the marginal product of the fourth worker is A) 1. B) 3. C) 4. D) ... (Read 19 times)

Jramos095

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on: Jun 29, 2018
In the above table, the marginal product of the fourth worker is
 
  A) 1.
  B) 3.
  C) 4.
  D) 6.

Question 2

In the above figure, if the government imposed a minimum wage of 8 per hour in this labor market, the increase in the hourly wage for those who are able to keep their jobs is
 
  A) 2 per hour.
  B) 4 per hour.
  C) 6 per hour.
  D) 8 per hour.


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Galvarado142

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Jramos095

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  • Posts: 528
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ASDFGJLO

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Reply 3 on: Yesterday
Wow, this really help

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