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Part 2: Check Your Understanding- Answer the following questions. 8. Why can't a worker expect to earn a wage that is higher than their marginal
Part 2: Check Your Understanding- Answer the following questions. 8. Why can't a worker expect to earn a wage that is higher than their marginal revenue product? 9. What two things can cause a worker's marginal revenue product to increase? Explain why. 10. Other than a minimum wage, what stops a business from paying workers extremely low wages? 11. Do you think unpaid internships exploit young students? Why or why not? 12. Your friend, Allie, wants to be an actress and is thinking about dropping out of school. She points out that the famous actress Jennifer Lawrence dropped out. What advice would you give Allie
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