Tova is trying to get a bakery to hire her.She said that if she helped out,the shop could sell an additional 5 cakes per day.If each cake sells for $10 and the owner hires her,then
A) the wage rate must be at least $51 per day.
B) Tova's marginal revenue product must be less than the wage rate.
C) Tova's marginal revenue product must be positive.
D) the wage rate must be at most $50 per day.
E) the wage rate must be equal to $40 per day.
Correct Answer:
Verified
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