At the profit maximizing level of employment, the wage rate is _ and the level of employment is _: w3; q1 w2; q2 w1; q1

Question

4 years ago

8

w3; q3

1 answer:

diamong [38] · Answer 1 · 2021-12-31T07:06:08+03:00

4 0

The correct option is w1;q1.
<span>At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.</span>

At the profit maximizing level of employment, the wage rate is _____ and the level of employment is _____: w3; q1 w2; q2 w1; q1