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meikunn2565 meikunn2565
wrote...
Posts: 330
A week ago

Question 1.

A firm's primary interest when it hires an additional worker is



the cost of hiring the additional worker.



whether or not the new worker gets along with the firm's existing workers.



how the average output of the firm will be affected by this new worker.



the extra revenue the firm realizes from hiring that worker.



Question 2.

The firm's gain in profit from hiring another worker is



the reduction in costs from hiring another worker.



the marginal revenue product of the extra worker.



the difference between marginal revenue product and the wage of the worker.



the extra output of the extra worker.

Textbook 

InMicro


Edition: 1st
Authors:
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emneviusemnevius
wrote...
Posts: 319
A week ago
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Answer 1

the extra revenue the firm realizes from hiring that worker.



Answer 2

the difference between marginal revenue product and the wage of the worker.

1

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