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mdagenh1 mdagenh1
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Posts: 439
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4 years ago

Question 1.

Figure 17-2



Figure 17-2 shows the marginal revenue product for Becca's Baubles, a producer of hand-beaded bracelets.



Refer to Figure 17-2. If Becca can sell her bracelets at $3 each, what is the marginal product of the 4th worker?



12 bracelets



$36



$144



36 bracelets



Question 2.

What are the five most important variables that cause the market demand curve for labor to shift?

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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Answer verified by a subject expert
DryPhantomDryPhantom
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Posts: 382
4 years ago
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mdagenh1 Author
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4 years ago
Thanks
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4 years ago
It’s good
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3 years ago
Thanks!
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