Apples can be harvested by hand or machine. Handpicking yields 80 pounds per hour; mechanical pickers yield

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Apples can be harvested by hand or machine. Handpicking yields 80 pounds per hour;

mechanical pickers yield 120 pounds per hour.

(a) If the wage rate of human pickers is $8 an hour and the rental on a mechanical picker is $15 an hour, which is more cost-effective?

(b) If the wage rate increased to $12 an hour, which would be more cost-effective?

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The Micro Economy Today

ISBN: 9781118152003

15th Edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: Nov 19, 2024 07:00 AM

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Apples can be harvested by hand or machine. Handpicking yields 80 pounds per hour; mechanical pickers yield

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The Micro Economy Today

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