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Suppose the marginal revenue product (MRP) for international workers is given by MRPM= 40 5M, where Mis the number ofinternationalworkers employed. The market wage forthese
Suppose the marginal revenue product (MRP) for international workers is given by MRPM= 40 5M, where Mis the number ofinternationalworkers employed. The market wage forthese workersis $5/hr and discriminating firms devalue the contributions ofinternational workersat a rate of$5/hr (i.e., d = 5). 1. How many workers do the non-discrimnating firms hire 2. What is their economic profit level Part B. How many workers do discriminating firms hire - nad what is their economic profit level
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