Refer to the information provided in Figure 13.3 below to answer the questions that follow. Figure 13.3
-Refer to Figure 13.3. In an attempt to increase worker productivity, this firm would pay wages ________ per hour.

Question

Refer to the information provided in Figure 13.3 below to answer the questions that follow.  Figure 13.3
-Refer to Figure 13.3. In an attempt to increase worker productivity, this firm would pay wages ________ per hour.

Quizplus · Accepted Answer

According to the graph, the peak of the productivity curve occurs at a wage rate higher than $10 per hour. Therefore, paying wages greater than $10 per hour would be the best choice for increasing worker productivity.

Refer to the Information Provided in Figure 13