2 years ago

Fill in the blanks in the table. Assume that the going wage for these workers is $500 per

Business

1 answer:

Alex17521 [72]2 years ago

6 0

A total of 3 worker will be hired for the ranch if the going wage for these workers is $500 per week.

<h3>What is a marginal labor?</h3>

This refers to a firm increase in total production because of one additional unit of labor that is added while all other factors of production remain constant.

Given the information in the attached table, a total of 3 worker will be hired for the ranch if the going wage for these workers is $500 per week.

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