3. You accept a new job for a wage of $30,000 at a newspaper. You join the...

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3. You accept a new job for a wage of $30,000 at a newspaper. You join the sales team, which consists of 10 people who try to sell online subscriptions. Each subscription sells for $200. When you talk to your boss, she says that you are the eleventh worker, and that if you had not joined the team, she would have done okay with just 10 people— but “great to have you, we are more productive with you on board!” If your boss is a smart person who has studied economics, what must she believe about the number of online subscriptions that you will help the team sell?

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Macroeconomics

ISBN: 9780134492056

2nd Edition

Authors: Daron Acemoglu, David Laibson, John List

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