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candy7music candy7music
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6 years ago
If a firm hires 200 workers and produces 5,000 computers. If the firm hires one more worker, it produces 5,050 computers. If computers sell at a constant price of $100 and labor is hired at a constant wage rate of $4,000 per worker
A) the firm should hire and retain the additional worker.
B) the marginal factor cost of labor is $4,000.
C) the marginal revenue product of the added worker is $5,000.
D) all of the above.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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nsaknsak
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6 years ago
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candy7music Author
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#2
6 years ago
Just confirmed the same answer from my friend, thanks
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