If MPL = 6, the price of output is $4, and the wage is $30, then the firm should单项选择题

A

hire more labor

B

reduce labor

C

be at equilibrium

D

fire all workers

登录即可查看完整答案

我们收录了全球超50000道真实原题与详细解析,现在登录,立即获得答案。

类似问题

Question at position 7  A perfectly competitive producer of steel rods and steel beams employs 100 workers with identical skills. If steel rods and steel beams sell for the same price, which of the following rules should the producer always follow to use the 100 workers efficiently? I. Allocate workers so that the average cost of producing beams equals the average cost of producing rods. II. Allocate workers so that the marginal product of labor is the same in both rod production and beam production. III. Allocate half the workers to rod production and half the workers to beam production. II onlyII and III onlyI, II, and IIIIII onlyI only

The condition W/P=MPL means

The figure below shows MPL as labor increases. A dashed line at real wage (w=4) is drawn. How many units of labor are hired at equilibrium?

15. You run a firm and discover you have diminishing marginal product of labor. You should: A.    Add more capital B.    Hire more skilled workers C.    Pay the workers more so they work harder D.    Put a training program in place

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！