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Author Question: A new donut shop opens and to maximize profits it hires 4 workers at the competitive wage rate. The ... (Read 350 times)

blinding37

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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
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Marked as best answer by blinding37 on Nov 23, 2022

bball_babe_123

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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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blinding37

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

carojassy25

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Reply 3 on: Yesterday
Wow, this really help

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