A competitive firm gets 3 per widget a workers average, Electrical Engineering

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A competitive firm gets 3 per widget a workers average

1. Should teachers be worried about the introduction of computer- and video-based teaching systems? Why or why not?

2. A competitive firm gets $3 per widget. A worker's average product is 4 and marginal product is 3. What is the maximum the firm should pay the worker?

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Electrical Engineering: A competitive firm gets 3 per widget a workers average

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Electrical Engineering: A competitive firm gets 3 per widget a workers average

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