Acompetitive firm sells its output for $50 per unit. assume that labor is the only input that varies for the firm. the marginal product of the 10th worker is 10 units of output per day; the marginal product of the 11th worker is 8 units of output per day. the firm pays its workers a wage of $160 per day. for the 10th worker, the value of the marginal product of labor is:
a. $400.
b. $1,280.
c. $500.
d. $250.

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.