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The Following Figure Depicts the Labor Markets of Two Different

Question 2

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The following figure depicts the labor markets of two different firms.
The following figure depicts the labor markets of two different firms. -Refer to the figure above.Let the price of A's output be PA and the price of B's output be PB.If firm A hires 8 employees at a wage of $12 and firm B hires 2 employees at a wage of $18,what is the ratio PA/PB? A) 3 B) 2 C) D)
-Refer to the figure above.Let the price of A's output be PA and the price of B's output be PB.If firm A hires 8 employees at a wage of $12 and firm B hires 2 employees at a wage of $18,what is the ratio PA/PB?


A) 3
B) 2
C) The following figure depicts the labor markets of two different firms. -Refer to the figure above.Let the price of A's output be PA and the price of B's output be PB.If firm A hires 8 employees at a wage of $12 and firm B hires 2 employees at a wage of $18,what is the ratio PA/PB? A) 3 B) 2 C) D)
D) The following figure depicts the labor markets of two different firms. -Refer to the figure above.Let the price of A's output be PA and the price of B's output be PB.If firm A hires 8 employees at a wage of $12 and firm B hires 2 employees at a wage of $18,what is the ratio PA/PB? A) 3 B) 2 C) D)

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