What is the maximum weekly wage at which the firm would hire


Problem

(Selling Output as a Price Taker) If a competitive firm hires another full-time worker, total output will increase from 100 units to 110 units per week. Suppose the market price of output is $25 per unit. What is the maximum weekly wage at which the firm would hire that additional 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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Macroeconomics: What is the maximum weekly wage at which the firm would hire
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