Suppose that wages in the agricultural and
Manufacturing sectors are $10 and $20 per hour,
Respectively, and that the prices of both the agricultural
And manufactured good are both $50 per unit.What is
The marginal productivity of labor in the manufacturing
Sector?
A)$1,000
B)0.4 units per hour
C)2.5 units per hour
D)$0.40

Question

Quizplus · Accepted Answer

The Answer of Suppose that wages in the agricultural and
Manufacturing sectors are $10 and $20 per hour,
Respectively, and that the prices of both the agricultural
And manufactured good are both $50 per unit.What is
The marginal productivity of labor in the manufacturing
Sector?
A)$1,000
B)0.4 units per hour
C)2.5 units per hour
D)$0.40

Suppose That Wages in the Agricultural and