As a result of increasing its workforce from 9 workers to 10 workers, a firm's total revenue per day increases from $60,000 to $60,250 and its total cost per day increases from $58,500 to $58,700 . The marginal profit of the 10th worker is
a. -$50.
b. $50.
c. $200.
d. $250.
b
Economics
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a. True b. False
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c. high, and the unemployment gains minimal. d. high, and the unemployment gains large.
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Keynesians believe that velocity of money is stable and predictable
Indicate whether the statement is true or false
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A decrease in the money wage rate...
What will be an ideal response?
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