ou are considering hiring an employee whose marginal revenue product will be $17 per hour, and the market wage for such workers is $15 per hour. You should
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You are considering hiring an employee whose marginal revenue product will be $17 per hour, and the market wage for such workers is $15 per hour. You should
Select one:
a.
hire the worker, but agree to pay her $19 per hour.
b.
not hire the worker since the marginal revenue product is too high.
c.
not hire the worker because the gap between marginal revenue product and the wage is not large enough.
d.
hire the worker at the market wage.
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