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User Suppose the marginal revenue product (MRP) for international workers is given by MRPM = 50 5M, where M is the number of international workers
User Suppose the marginal revenue product (MRP) for international workers is given by MRPM = 50 5M, where M is the number of international workers employed. The market wage for these workers is $5/hr and discriminating firms devalue the contributions of international workers at a rate of $5/hr (i.e., d = 5). Question A How many workers do non-discriminating firms hire: What is their economic profit level: $ Question B How many workers do discriminating firms hire: What is their economic profit level: $
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