Examlex

Solved

A Retailer Has to Pay $9 Per Hour to Hire

question 26

Multiple Choice

A retailer has to pay $9 per hour to hire 13 workers.If the retailer only needs to hire twelve workers,a wage rate of $7 per hour is sufficient.What is the marginal cost of the 13th worker?


Definitions:

Substrate

A reactant in a chemical reaction upon which enzymes act.

Diene

Organic compounds containing two double bonds, which may participate in various polymerization and other chemical reactions.

Dienophile

A compound with an electron-deficient double or triple bond that readily reacts with a diene in a Diels-Alder reaction.

Major Organic Product

The most abundant product formed in a chemical reaction involving organic compounds, often favored kinetically or thermodynamically.

Related Questions