If a Firm Hires 200 Workers and Produces 5,000 Computers

question 55

Multiple Choice

If a firm hires 200 workers and produces 5,000 computers. If the firm hires one more worker, it produces 5,050 computers. If computers sell at a constant price of $100 and labor is hired at a constant wage rate of $4,000 per worker

• A) the firm should hire and retain the additional worker.
• B) the marginal factor cost of labor is $4,000.
• C) the marginal revenue product of the added worker is $5,000.
• D) all of the above.

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Definitions:

Pronoun Reversal

The use of pronouns in a way that does not align with common linguistic conventions, often observed in the language development of young children.

"you"

is a pronoun used to address or refer to the person or people being spoken or written to.

Contact Comfort

The importance of physical touch and closeness in the psychological development of infants.

Physical Contact

The act of touching or being in direct contact with someone or something, often important for emotional and physical well-being.