refer to the following information. Suppose a “fully effective” worker can produce 20 units per hour in a particular firm. The firm’s wage-productivity relationship is given by the table below:

$\begin{array}{cc}
{\text { Wage }} & \text { Output per Worker } \
\hline
{\$ 10}&20\
9 & 20 \
8 & 16 \
7 & 10 \
\end{array}$
-If the actual wage is $7,the wage cost per effective unit of labor is:
A)$3.50
B)$10.00
C)$7.00
D)$14.00

Question

refer to the following information. Suppose a “fully effective” worker can produce 20 units per hour in a particular firm. The firm’s wage-productivity relationship is given by the table below:

$\begin{array}{cc}
{\text { Wage }} & \text { Output per Worker } \
\hline
{\$ 10}&20\
9 & 20 \
8 & 16 \
7 & 10 \
\end{array}$
-If the actual wage is $7,the wage cost per effective unit of labor is:
A)$3.50
B)$10.00
C)$7.00
D)$14.00

Quizplus · Accepted Answer

The Answer of  refer to the following information. Suppose a “fully effective” worker can produce 20 units per hour in a particular firm. The firm’s wage-productivity relationship is given by the table below:

$\begin{array}{cc}
{\text { Wage }} & \text { Output per Worker } \
\hline
{\$ 10}&20\
9 & 20 \
8 & 16 \
7 & 10 \
\end{array}$
-If the actual wage is $7,the wage cost per effective unit of labor is:
A)$3.50
B)$10.00
C)$7.00
D)$14.00

Refer to the Following Information Wage Output per Worker $1020920816710\begin{array}{cc}{\text { Wage }} & \text { Output per Worker } \\\hline{\$ 10}&20\\9 & 20 \\8 & 16 \\7 & 10 \\\end{array} Wage $10987​ Output per Worker 20201610​​

Refer to the Following Information $\begin{array}{cc}{\text { Wage }} & \text { Output per Worker } \\\hline{\$ 10}&20\\9 & 20 \\8 & 16 \\7 & 10 \\\end{array}$