20.7k views
4 votes
At the profit maximizing level of employment, the wage rate is _____ and the level of employment is _____: w3; q1 w2; q2 w1; q1 w3; q3

User Aruanoc
by
8.6k points

1 Answer

6 votes
The correct option is w1;q1.
At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.
User Gyome
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.