If a Firm Hires 312 Workers It Produces 4,522 Computers

question 70

Multiple Choice

If a firm hires 312 workers it produces 4,522 computers. If it hires 313 workers it produces 4,786 computers. If computers sell at a constant price of $1 and labor is hired at a constant wage rate of $65 per worker

• A) the firm should hire and retain the additional worker.
• B) the marginal factor cost of labor is $65.
• C) the marginal revenue product of the added worker is $264.
• D) all of the above
• E) the additional employee brings into the firm a NET revenue of $112.

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