Business, 09.12.2020 15:20 winterblanco
Suppose labour is available to a firm at a cost of $ 15per hour. Also, suppose that employing another hour of labour adds 3 units to output, and any amount of output can be sold for $10 per unit.
To the nearest dollar, an additional hour of labour would add $___
nothing in additional revenue to the firm. Your answer should be a whole number.
Answers: 1
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Suppose labour is available to a firm at a cost of $ 15per hour. Also, suppose that employing anothe...
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