This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The table shows the number of workers (L), the output of supplements (Q) each week, and the price of ... (Read 479 times)

jany123

  • Full Member
  • ***
  • Posts: 171
on: Nov 23, 2022

The table shows the number of workers (L), the output of supplements (Q) each week, and the price of supplements (P) for different output levels. The supplement supplier is a price taker in the labor market, but a price maker in the supplement market.

Number of Workers (L)Output of Supplements (Q)Product Price (P)
00$70
145​$60
289​$50
3121​$40
4149​$30
5163​$20
6173​$10
If the equilibrium wage is $2200, what is the profit-maximizing quantity of workers for this firm? How many supplements will the company produce?
◦ 2 workers, 89 supplements
◦ 2 workers, 44 supplements
◦ 3 workers 32 supplements
◦ 3 workers,121 supplements
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 jany123 on Nov 23, 2022

sadoniam

  • Full Member
  • ***
  • Posts: 165
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 29% of students answer this correctly


jany123

  • Member
  • Posts: 171
Reply 2 on: Nov 23, 2022
Wow, this really help

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Differences in the number and location of flagella. Differences in the number and location of flagella.
The geomagnetic polarity time scale shows how Earth’s magnetic pole has changed through geologic tim The geomagnetic polarity time scale shows how Earth’s magnetic pole has changed through geologic tim
How to multiply a complex number by its conjugate How to multiply a complex number by its conjugate
Supplements Supplements
The Location and Number of Food- and Beverage-Processing Facilities The Location and Number of Food- and Beverage-Processing Facilities
Separation of variable number tandem repeat (VNTR) alleles after PCR amplification Separation of variable number tandem repeat (VNTR) alleles after PCR amplification
Video: The Vestibular System

For a complete list of videos, visit our video library