A firm operates in a perfectly competitive output market with a product price of $12. If the marginal product of the last worker employed is 3 units and the firm competes in a perfectly competitive labor market, then the wage must be ?

Who wants brainliest and free 15 points? answer this correctly and i will do so : ) if you imagine your steering wheel as a clock, which of the following is the ideal way to position your hands on the steering wheel? a. one hand on 6 o'clock b. one hand on 12 o'clock c. 10 and 2 o'clock d. 9 and 3 o'clock

Gretta needs a $300,000 mortgage and is offered two choices. the monthly payments for the fixed rate and predicted payments for the arm are shown. adjustable rate mortgage year monthly payment 1-15 $1,610.46 adjustable rate mortgage year monthly payment 1-5 $1,520.06 6-15 $1,728.54 what is the difference between the total costs of the mortgages rounded to the nearest hundred? $8,700 $1,700 $15,800 $5,000

Afootball game between the thunder and the sharks is in its closing minutes, with the thunder ahead by 20 points. the thunder’s coach considers sending in the second-string quarterback. this would reduce the risk of the star quarterback getting injured, but the second-string quarterback is not very good. complete the passage describing the coach’s decision in economic terms.