Question

Suppose the market wage is ​$400400 per day. How many workers should Sony hire to maximize​ profits? 55 workers. ​(Enter a numeric response using an​ integer.) If the market wage increases to ​$800800 per​ day, then Sony should hire 33 workers.

Answer 1

Step-by-step explanation:

the optimum number of the worker is hired at marginal revenue product equal to the wage

wage=$900,

the firm should hire 5 workers

wage=1300

the firm should higher 2 workers