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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 32 times)

Jramos095

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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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Answer to Question 1

B

Answer to Question 2

A




Jramos095

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Reply 2 on: Jun 29, 2018
Excellent


mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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