Economics 1st Edition by Dean Karlan,Jonathan Morduch

تمرين 27

Fresh Veggie is one of many small farms in Florida operating in a perfectly competitive market. Farm labor is also perfectly competitive, and Fresh Veggie can hire as many workers as it wants for $20 a day. The daily productivity of a tomato picker is given in Table 16P-1. If a bushel of tomatoes sells for $5, how many workers will Fresh Veggie hire?