Top Posters
Since Sunday
12
s
6
j
5
5
s
5
m
5
f
5
b
4
p
4
m
4
M
4
i
4

# The table shows the number of workers (L) and the output of bouncy balls (Q) each week. The bouncy ...

wrote...
Posts: 58
Rep:
2 weeks ago
The table shows the number of workers (L) and the output of bouncy balls (Q) each week. The bouncy ball producer is a price taker in both the product and labor markets.
 Number of Workers (L) Output of Bouncy Balls (Q) 0 0 1 41​ 2 97​ 3 144​ 4 184​ 5 205​ 6 225​
Assume the price of a bouncy ball is $7.25. If the equilibrium wage is$290, what is the additional profit earned from hiring the third worker?

▸ $340.75 ▸$50.75

▸ $754 ▸$1044
Textbook

## Macroeconomics

Edition: 3rd
Authors:
Replies
Answer verified by a subject expert
chandlerdeanechandlerdeane
wrote...
Posts: 51
Rep:
2 weeks ago
 Sign in or Sign up in seconds to unlock everything for free More solutions for this book are available here

### Related Topics

wrote...

2 weeks ago
 Thanks
wrote...

Yesterday
 Correct TY
wrote...

2 hours ago
 This site is awesome
Explore
Post your homework questions and get free online help from our incredible volunteers
76 People Browsing
464 Signed Up Today
Related Images

815

175

58