What is the maximum the firm should pay the worker, Microeconomics

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What is the maximum the firm should pay the worker

Problem

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?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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