Microeconomics 20th Edition by Campbell McConnell, Stanley Brue,Sean Flynn

Exercise 1

Brenda owns a construction company that employs bricklayers and other skilled tradesmen. Her firm's MRP for bricklayers is $22.25 per hour for each of the first seven bricklayers, $18.50 for an eighth brick layer, and $17.75 for a ninth bricklayer. Given that she is a price taker when hiring bricklayers, how many bricklayers will she hire if the market equilibrium wage for bricklayers is $18.00 per hour
A) Zero.
B) Seven.
C) Eight.
D) Nine.
E) More information is required to answer this question.