If a Firm Hires 12 Workers at $9 Per Hour

question 133

Multiple Choice

If a firm hires 12 workers at $9 per hour each and the 13^th worker will be hired only if the wage rate falls to $8 per hour, the marginal wage rate must be

• A) -$8.
• B) $8.
• C) -$4.
• D) $4.

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Definitions:

Nomadic Lifestyle

A way of life characterized by moving from one place to another rather than settling permanently in one location, often for reasons such as following seasonal food sources or grazing lands for livestock.

Desert Ecosystem

A biome characterized by very low precipitation, extreme temperatures, and sparse vegetation, supporting a unique set of flora and fauna adapted to arid conditions.

Prickly Pear

A plant species belonging to the cactus family, known for its edible fruit and pads, and characterized by its spiky exterior.

Saguaro Cactus

A large, tree-sized cactus species native to the Sonoran Desert in the United States and Mexico, known for its towering, arm-like branches.