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Satsume Satsume
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6 years ago
The marginal product of labor at Trisha's Fashion Boutique is MPL (L) =   - 0.01L.  Trisha can sell all the output she can produce for $100 a unit.  If Trisha pays a wage rate of $20 per unit of labor, calculate Trisha's optimal labor employment level.  If the wage rate rises to $25 per unit, what happens to Trisha's optimal employment level?
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Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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6 years ago
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3 years ago
Thank you for the help
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3 years ago
Thank you
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3 years ago
thank!
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3 years ago Edited: 3 years ago, maxidd23
Thanks
Post Merge: 3 years ago

Y'all suck
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