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FrozenT [24]
3 years ago
5

If a worker can produce 20 units of output which can be sold for $4 per unit, what is the maximum wage that firm should pay to h

ire this worker? $80 minus the firm's profit markup It depends on what the going wage rate is in the labor market. $80 There is insufficient information to answer the question.
Business
1 answer:
Scrat [10]3 years ago
7 0

Answer:

$80

Explanation:

Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.

Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.

Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80

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True

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False was Incorrect on Edg so then theres only one answer left.

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Several years ago, The Wall Street Journal reported that the winner of the Massachusetts State Lottery prize had the misfortune
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Answer:

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Explanation:

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3 years ago
Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa
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A) ​a liquidated damages clause.

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The specified amount of money should be an estimate of the damages that a breach in the contract would cause.

7 0
2 years ago
Whenever real GDPLOADING... ​declines, nominal GDPLOADING... must also​ decline."
Alex_Xolod [135]

Answer:

The correct answer is option B.

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8 0
3 years ago
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Vladimir79 [104]

Answer:

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The same is to be considered

6 0
2 years ago
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