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Loraine Loraine
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8 years ago
The Bubby Gum factory produces bubble gum. Joanne is one of the employees, and she produces 10 packs of bubble gum per hour. Joanne's money wage rate is $12 per hour. Based on this information, the Bubby Gum company should
A) keep Joanne because she creates a profit for the firm.
B) fire Joanne because she creates a loss for the firm.
C) decrease Joanne's wage rate because she is paid too much.
D) increase its demand for labor.
E) None of the above answers is correct because more information about Joanne's real wage is needed to decide what to do.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
You're welcome Happy Dummy
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