A Firm Can Hire 20 Workers for $10 Per Hour,but

question 4

Multiple Choice

A firm can hire 20 workers for $10 per hour,but finds it must raise the wage to $11 to attract another worker.If it must pay all its workers the same wage,the marginal wage cost of the 21^st worker is:

• A)$10
• B)$11
• C)$21
• D)$31

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Definitions:

Feature Analysis

A cognitive process by which the brain breaks down visual stimuli into individual features to understand and recognize objects.

Depth Perception

The visual ability to perceive the world in three dimensions (3D) and the distance of an object.

Disparity

The condition or fact of being unequal or different; in social sciences, it often refers to inequality in opportunities and treatment among groups of people.

Retinas

The thin layer of tissue at the back of the eye where light is converted into neural signals sent to the brain.