If the credits for a principles of economics section is three units and an instructor teaches two sections with 100 students in each and tuition and fees at your university are $40 per unit. If the instructor is paid $ 30,000 to teach both classes, should the university hire the instructor?
A. Yes, the MRP of the instructor is higher than the wage.
B. Yes, the wage is higher than the instructor's MRP.
C. No, the MRP of the instructor is higher than the wage.
D. No, the wage is higher than the instructor's MRP.
Answer: D
Economics
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