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Other Fields Homework Help Economics Topic started by: Bubbles1999 on Aug 22, 2018



Title: If a monopolist has an output price of $10, marginal revenue equal to $4, and faces a fixed wage ...
Post by: Bubbles1999 on Aug 22, 2018
If a monopolist has an output price of $10, marginal revenue equal to $4, and faces a fixed wage rate of $7, then the monopolist should hire labor until the marginal revenue product is equal to
A) $10.
B) $4.
C) $7.
D) $14.


Title: If a monopolist has an output price of $10, marginal revenue equal to $4, and faces a fixed wage ...
Post by: veronee_madison on Aug 22, 2018
 C


Title: If a monopolist has an output price of $10, marginal revenue equal to $4, and faces a fixed wage ...
Post by: Bubbles1999 on Aug 22, 2018
Thank you for helping me with my quiz


Title: If a monopolist has an output price of $10, marginal revenue equal to $4, and faces a fixed wage ...
Post by: veronee_madison on Aug 22, 2018
:okay: