Math, asked by vanshikasablok, 5 hours ago

The marginal product of labour is described by MPN 20-0.02N, where N is the number of workers the firm employs and MPN is measured in units/hour. The firm is competitive in both, labour and output, markets. In the output market, its price is P= $2/unit. At the nominal wage $18/hour, how many workers would the firm employ?

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Answered by sairiyan2008
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