A Firm Employs 10 Workers at a Weekly Wage of $500.If

question 41

Multiple Choice

A firm employs 10 workers at a weekly wage of $500.If it employs an eleventh worker,it has to raise all of its workers wage to $520.The eleventh worker adds $750 a week to revenues.If the firm hires the eleventh worker,its weekly profits will

• A) go up by $230.
• B) go up by $30.
• C) go up by $23.
• D) go down by $270.

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The ability to understand, process, and assimilate written language, recognizing its meanings, contexts, and nuances.

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