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Author Question: Number of workersMarginal product (bats per hour)1827364554 The table has the marginal products for ... (Read 367 times)

nelaaney

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on: May 24, 2019
Number of workersMarginal product
(bats per hour)
18
27
36
45
54

The table has the marginal products for workers at Bart's Bats, a baseball bat factory.


Using the above table, suppose the price of a bat is $3. If the wage rate for a worker in a baseball bat manufacturing plant is $18 an hour, then the firm will hire ________ workers; if the wage rate falls to $12 an hour, then the firm will hire ________.
◦ 1; 2
◦ 2; 4
◦ 3; 3
◦ 5; 4
◦ 3; 5
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by nelaaney on May 24, 2019

Jmfn03

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Reply #1 on: May 24, 2019
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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nelaaney

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Reply #2 on: May 24, 2019
Thanks


Jmfn03

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Reply #3 on: May 24, 2019
Welcome :)


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