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Author Question: Shifts in the Labor Demand CurveFor Marginal Manufacturing, the marginal product of labor is MPL = ... (Read 402 times)

rissygurl1124

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on: Nov 23, 2022
Shifts in the Labor Demand Curve

For Marginal Manufacturing, the marginal product of labor is MPL = 30 – 3.75L, where L is the number of workers. Marginal sells output for $12 per unit. How many workers will Marginal hire when the wage is $50? If the output price increases to $48 a unit, Marginal will hire ________ (more/less) workers.
Please round your answer to the nearest whole number.
◦ 97 workers, less
◦ 97 workers, more
◦ -5 workers, more
◦ -5 workers, less
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by rissygurl1124 on Nov 23, 2022

StephaniaF

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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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rissygurl1124

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

sultana.d

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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