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Other Fields Homework Help Economics Topic started by: Peregrinus on Nov 14, 2017



Title: When a firm hires a fourth worker, its wage rate goes from $80 a worker to $90. The marginal revenue ...
Post by: Peregrinus on Nov 14, 2017
When a firm hires a fourth worker, its wage rate goes from $80 a worker to $90. The marginal revenue product of the fourth worker is $100. If the firm hires the fourth worker, its profits
A) will increase by $10.
B) will increase by $20.
C) will decrease by $10.
D) will decrease by $20.


Title: Re: When a firm hires a fourth worker, its wage rate goes from $80 a worker to $90. The marginal ...
Post by: alani on Nov 14, 2017
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