Multiple Choice
Barry's Brewpub is considering hiring more brewmasters.The market wage for a brewmaster is $120 per day.The average brewmaster produces 40 pints of beer per day,but Barry expects the next brewmaster to produce only 20 pints per day.Assuming the market for beer is perfectly competitive,Barry's Brewpub will hire another brewmaster only if:
A) a pint of brew sells for $3.
B) the new brewmaster can produce 40 pints.
C) a pint of brew sells for $2.
D) a pint of brew sells for $6 or more.
Correct Answer:

Verified
Correct Answer:
Verified
Q97: Use the following to answer question:<br>Figure: The
Q98: Use the following to answer question: <img
Q99: Alex's boss notices that,with each adult education
Q100: Suppose that the factor market for computer
Q101: Holly and Emily both have a bachelor's
Q103: Firms that engage in discrimination are usually
Q104: Use the following to answer question: <img
Q105: A backward-bending supply curve of labor shows
Q106: Use the following to answer question:<br>Figure: The
Q107: The equilibrium value of the marginal product