A manufacturer sells bicycles for 186 in a perfectly, Ask an Expert

Economics

A manufacturer sells bicycles for $186 in a perfectly competitive market. If the firm hires plant workers in a competitive labor market until the until the marginal product of labor is 211 bicycles per year, what is the annual salary of an employee at the plant?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92197277

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