Register
Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour?
39.9k views
3 votes
Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour?

User Rabel Ahmed
by
8.6k points

1 Answer

5 votes
No, it wouldn't be logical because the firm would be paying twice as much money. They could even hire two people if they wanted for the price of the one. 
User Akhila
by
7.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!