Multiple Choice
If UPS hires another worker,UPS will be able to deliver an additional 20 packages an hour.The price of each package is $5.The value of this worker's marginal product is equal to
A) $5.
B) $100.
C) $4.
D) 20 packages.
E) $20.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure
Q30: If the wage rate exceeds the value
Q31: The demand for labor curve of nurses
Q32: Which of the following decreases the supply
Q33: Which of the following statements about the
Q35: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Kevin owns a
Q36: The supply of each particular block of
Q37: Robotic technology is a substitute for labor
Q38: The table below has the marginal product
Q39: The supply of land is perfectly _