-The table shows information for Jen's Gymnastics.Jen's hires coaches and can charge $20 per hour for gymnastics.If the demand for Jen's Gymnastics coaching services increases and the price for coaching increases,Jen
A) will hire more coaches because the value of marginal product has increased.
B) will hire fewer coaches because the higher price will decrease the number of gymnasts trained.
C) will hire fewer coaches in order to make a higher profit.
D) will hire more coaches because there will be movement up along the demand for labor curve.
E) may hire more or fewer coaches depending on how the higher price of lessons affects the business.

Question

-The table shows information for Jen's Gymnastics.Jen's hires coaches and can charge $20 per hour for gymnastics.If the demand for Jen's Gymnastics coaching services increases and the price for coaching increases,Jen
A) will hire more coaches because the value of marginal product has increased. 
B) will hire fewer coaches because the higher price will decrease the number of gymnasts trained. 
C) will hire fewer coaches in order to make a higher profit. 
D) will hire more coaches because there will be movement up along the demand for labor curve. 
E) may hire more or fewer coaches depending on how the higher price of lessons affects the business.

Quizplus · Accepted Answer

The Answer of 
-The table shows information for Jen's Gymnastics.Jen's hires coaches and can charge $20 per hour for gymnastics.If the demand for Jen's Gymnastics coaching services increases and the price for coaching increases,Jen
A) will hire more coaches because the value of marginal product has increased. 
B) will hire fewer coaches because the higher price will decrease the number of gymnasts trained. 
C) will hire fewer coaches in order to make a higher profit. 
D) will hire more coaches because there will be movement up along the demand for labor curve. 
E) may hire more or fewer coaches depending on how the higher price of lessons affects the business.

-The Table Shows Information for Jen's Gymnastics