Given:
marginal factor cost of 75 per day after hiring 2nd worker.
market wage is now 62.50 per day for both workers.
62.50 x 2 workers = 125
125 - 75 marginal factor cost = 50
The first employee earns 50 per day when she worked alone.
Resembled to more developed countries, slight developed countries have a higher ratio of workers in the condition of goods and services the tertiary sector most individuals must produce food for their survival sector of the economizing.
<h3>What is the difference between a more developed country and a less developed country?</h3>
A developed country is a government that has a high level of automation and per capita income while a developing country is a country that is still in the early phases of industrial development and has a low per capita revenue.
To learn more about developing countries visit the link
brainly.com/question/14927048
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Answer:
Keep the cattle and recover the contract price from Esau
Explanation:
Since in the question it is given that the Double D Ranch and Esau enter into a contract on August 1 for selling of 200 cattle.
But Esau cancels the contract after 10 days. Now the Double D Ranch is not able to sell the cattle to the another buyer so in this case , the Double D Ranch should keep the cattle and get back the price of the contract from the another party i.e Esau as he cancels the contract
