The benefit to the firm of hiring another worker is
A) the nominal wage.
B) the price level.
C) the real wage.
D) the extra output produced by the worker.
E) measured as the height of the production function.
D
Economics
You might also like to view...
Investments that a bank makes are known as:
A) deposits. B) liabilities. C) assets. D) capital.
Economics
Structural unemployment results when:
A. the minimum wage is set to increase in the near future. B. there is generous unemployment insurance. C. workers are temporarily laid off due to weather conditions. D. the real wage is above its market-clearing level.
Economics