Multiple Choice
Talia just applied for a position with Rory's firm.Rory knows that Talia will earn $20 an hour and can produce a value of the marginal product of labor (VMPL) of $40.Rory will ________ Talia because her VMPL is ________.
A) hire; positive
B) not hire; positive
C) hire; negative
D) not hire; negative
E) possibly hire; positive
Correct Answer:
Verified
Correct Answer:
Verified
Q15: No matter how high his wage rises,Johann
Q16: Which of the following would increase the
Q17: Rowan is deciding whether to pick up
Q18: Refer to the following figure to answer
Q19: The diminishing marginal product of labor exists
Q21: A formerly quiet town with fantastic weather
Q22: Yolanda owns a temp agency.She sees demand
Q23: Migration is when<br>A) foreign persons enter a
Q24: If demand for land increases,the rental price
Q25: Economic rent is<br>A) what a landlord earns