Solve it correctly please. I The accompanying table describes the relationship between the number of workers hired by a call center each hour and the number of calls the call center canmake each hour. The call center has only 1 telephone. The telephone costs the firm $5/hour (regardless of how many calls are made), and each worker is paid $10per hour.Calls Per HourNumber of TelephonesNumber of Workers Per Hour11214116182211024112If the price of a telephone increases from $5 to $10 an hour and nothing else changes, then Multiple Choicetotal cost would not change.marginal cost would increase by S5 at every level of output.marginal cost would not change.average total cost would increase by $5 at every level of output.

Optin c is the right answer marginal cost would not change Reason:- Here the price of the…

Answered: 24 12 If the price of a telephone…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 13P

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In 2013, France's labor unions won a case against Sephora to prevent the retailer from staying open late and forcing its workers to work “antisocial hours.” The cosmetic store does about 20 percent of its business after 9 p.m., and the 50 sales staff who work the late shift are paid an hourly rate that is 25 percent higher than the rate paid to workers on the day shift. Many of the late-hour workers are students or part-time workers, who are put out of work by these new laws. Forcing the retailer to close earlier forces the store's assets, such as the building and merchandise, to be moved from lower or higher valued activities to higher or lower valued activities. True or False: In order to profit from this law, an individual could purchase Sephora products during the day and sell them at a higher price during normal store hours.
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The following table contains the relationship between a number of trainers working at a new gym and the number of client's they can train. These client's represent the output of trainers. Client's pay $40 per session. A. Find the marginal product of labor (mpl) and the value of the marginal product of labor (vmpl) for each additional trainer hired and record these numbers in columns in the table. B. Premier trainers earn $200 an hour. How many trainers will the gym hire?

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24 12 If the price of a telephone increases from $5 to $10 an hour and nothing else changes, then