Final answer:
The equilibrium wage could potentially double to $4 per worker per day when the world price for apples increases from $2 to $4, assuming constant labor productivity and demand. The most logical answer is c. $4,80; however, we cannot accurately determine the profit per orchard without more information.
Step-by-step explanation:
To solve this question, we need to consider the principles of economics regarding wages, prices, and profits. If the world price for apples doubles from $2 to $4, this means that the revenue per apple for each orchard increases, assuming the quantity of apples sold remains the same. Based on the information that a worker can produce two widgets (in this case, we can analogously consider them as 'apples') per hour and that a profit-maximizing employer will pay a worker up to the revenue generated per hour, we can deduce the following:
If previously the equilibrium wage was set when apples were $2 each, and assuming the labor productivity (number of apples picked per hour) and labor demand remain constant, the apple orchards can now afford to pay more to their workers due to the increased revenue from the higher apple price. Therefore, if every worker is now generating twice the revenue per day for the orchard, then the equilibrium wage could potentially double as well; this would suggest that the equilibrium wage per worker per day would be $4. However, the exact wage would ultimately depend on labor market conditions and the employer's discretion, but assuming no other changes, option c. $4,80 appears to be the most logical answer, as it follows the logic of increased revenue allowing for higher wages and the same profit margin per apple sold assuming constant costs.
Regarding the profits per orchard, we lack sufficient information on costs, number of workers, and apples sold per day to precisely calculate the profit per orchard from the data given in the scenario. Thus, without additional information, we cannot determine the exact profit.