Video and Followup: How many workers to hire for a PC Hiring and Producing Firm
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Last updated about 1 year ago
6 questions
Pick one. Watch the video and answer the questions.
0
How many workers should the firm hire? (It is okay if you don't know.)
How many workers should the firm hire? (It is okay if you don't know.)
1
What is the first thing you can calculate?
What is the first thing you can calculate?
1
What is the next thing you will calculate and what is the formula, given this firm operates in a PC product market?
What is the next thing you will calculate and what is the formula, given this firm operates in a PC product market?
1
What is the marginal resource cost equal to?
What is the marginal resource cost equal to?
1
Lastly, what is the hiring rule?
Lastly, what is the hiring rule?
1
How many workers should the firm hire?
How many workers should the firm hire?