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Acme Inc. supplies rocket ships to the retail market and hires workers to assemble the components. A rocket ship sells for $40,000, and Acme
Acme Inc. supplies rocket ships to the retail market and hires workers to assemble the components. A rocket ship sells for $40,000, and Acme can buy the components for each rocket ship for $25,000. Wiley and Sam are two workers for Acme. Sam can assemble 1/5 of a rocket ship per month and Wiley can assemble 1/10. If the labor market is perfectly competitive and rocket components are Acme's only other cost, how much will Sam and Wiley be paid? Instructions: Enter your responses as whole numbers. Sam will be paid $ per month. Wiley will be paid $ per month.
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