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Bill is trying to convince the owner of a pizza shop to hire him. He argues that he could sell an additional five pizzas per
Bill is trying to convince the owner of a pizza shop to hire him.
He argues that he could sell an additional five
pizzas per day at the price of $8 each.
If the facts are not in dispute, but the owner does not hire him, then...
A.
the equilibrium wage must be less than $8 per day.
B.
the equilibrium wage must be less than $40 per day.
C.
the equilibrium wage must be more than $40 per day.
D.
hiring Bill would involve a negative marginal product.
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