The manager at a chair factory is considering hiring another worker. This factory operates in a perfectly competitive market. The manager believes the average product of labor is 40 chairs per week and also believes that the next worker hired will produce an extra 30 chairs per week. If a chair sells for $25 this manager should only hire another worker if: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a the new worker's marginal product is 40 or more. b the new worker's weekly wage is $750 or less. c the new worker's weekly wage is $1,000 or less.What happens to the cookie-baking labour market when the wage paid to bread-bakers falls? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a the labour supply curve shifts right for cookie-bakers. b the labour supply curve shifts left for cookie-bakers. c the labour demand curve shifts right for cookie-bakers. d the labour demand curve shifts left for cookie-bakers. e the wage will rise for cookie-bakers