Suppose a competitive firm can hire a new worker to produce 10 extra units of production by paying him $ 20. If the price of the good that is produced is $ 12, the income from the marginal product of this additional worker is: Response option group a) $ 60 b) $ 30 c) $ 120 d) $ 50 e) It is not possible to determine it with the information provided.

already got a) b) c) plz answer d) e) f)!!

Consider an economy with one consumer and one firm. The firm produces the output C from the labour L according to the production function f(L)=L/182. The consumer provides labour to the firm and consumes the good C. The consumer can work a maximum of 18 hours a day. Her utility function is u(Le,C)=2C+Le where Le=18-L is her leisure time. What is the time L the consumer should work at the Pareto efficient allocation? None of the other answers. O a. Ob. L=0 O c. L=9 O d. L=3 O e. L=6 thomnt

Boeing created, and recently expanded, an airplane manufacturing center in Charleston, South Carolina. One of the factors that likely influenced this location decision is that South Carolina is a "right to work" state. This represents a) a place factor related to labor. b) a transportation factor related to the market. c) higher wages for Boeing workers in South Carolina relative to Washington. d) a place factor related to the political environment.

Consider the Labor Economics Question.  This will provide insight into the idea of the optimal number of workers and the value of the marginal product of labor.   If wages in the restaurant is $16.80 per hour and the price of a Hamburger is $8.30 and the production function for the workers is:   Q = 11L – 0.25L2 How many workers should Your Restaurant employ during the lunch hour to maximize profits?  1 Point   (note—the value of the marginal product of labor and the marginal   revenue product are the same)     We maximize profits which are total revenues less total costs:

Businesses are all perfectly competitive. They produce their output using labor and land (which is rented).  Workers like higher wages (w), lower rents (r), and a less polluted local environment. Firms have an iso-profit relation:   r = Pollution Level - w Workers have an indifference curve relation: r = (160 - Pollution Level) + w Pollution Level = 120 WAGES ARE ON THE X-AXIS, RENT IS ON Y-AXIS What is the level of profits?

Can you help me with part b please?