ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 11, Problem 5.9P
To determine
The maximum weekly wage when a firm would hire an additional worker
Concept Introduction:
Full-time worker: An individual who works the minimum number of hours set by his/her employer.
Maximum weekly wage: This is a legal limit set by the government which defines how much income an individual can earn weekly.
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