-The above table has the total product schedule for Joe's Barber Shop. Joe charges $6 per haircut. If the wage rate falls from $24 per worker to $12 per worker, the quantity of labour hired _______ and the new number of workers employed is _______.
A) decreases; 2
B) increases; 3
C) increases; 2
D) increases; 5

Question

-The above table has the total product schedule for Joe's Barber Shop. Joe charges $6 per haircut. If the wage rate falls from $24 per worker to $12 per worker, the quantity of labour hired _______ and the new number of workers employed is _______.
A) decreases; 2 
B) increases; 3 
C) increases; 2 
D) increases; 5

Quizplus · Accepted Answer

The Answer of 
-The above table has the total product schedule for Joe's Barber Shop. Joe charges $6 per haircut. If the wage rate falls from $24 per worker to $12 per worker, the quantity of labour hired _______ and the new number of workers employed is _______.
A) decreases; 2 
B) increases; 3 
C) increases; 2 
D) increases; 5

-The Above Table Has the Total Product Schedule for Joe's