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Question: Wanda's is a fish store that hires students to pack the fish. Students can pack the following amounts of fish:

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The fish market is competitive and the price of fish is 50¢ a kilogram. The market for packers is competitive and their market wage rate is $7.50 an hour.

a. Find Wanda's demand for labour curve.

b. How many students does Wanda's employ?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93105140

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