B. A worker is paid a piece rate wage of $100 goods and the level of...

 

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B. A worker is paid a piece rate wage of $100 goods and the level of production depends on the level of effort, as does their disutility from working. Q = 30e 1/2 30e1/2 e3 Coste = 300 Bi. What are the equations for the marginal cost and marginal benefit of effort for this worker? Bii. What is the optimal amount of effort for this worker? B. A worker is paid a piece rate wage of $100 goods and the level of production depends on the level of effort, as does their disutility from working. Q = 30e 1/2 30e1/2 e3 Coste = 300 Bi. What are the equations for the marginal cost and marginal benefit of effort for this worker? Bii. What is the optimal amount of effort for this worker?