At Wandas fish store, packers wages increase to $10 an hour, but the price of fish remains

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At Wanda’s fish store, packers’ wages increase to $10 an hour, but the price of fish remains at 50¢ a pound.
a. What happens to the value of marginal product of labor?
b. What happens to Wanda’s demand for labor curve?
c. How many students does Wanda employ?
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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