Assuming a worker can earn a maximum of $180 in total earnings. If the maximum number of working hours available are 16 hours and there are 2 hours of fixed costs to work, then the worker's wage rate is equal to: O A. $11.25 O B. Can't be determined given the information provided O C. $12.86 O D. $18.00

Assuming a worker can earn a maximum of $180 in total earnings. If the maximum number of working hours available are 16 hours and there are 2 hours of fixed costs to work, then the worker's wage rate is equal to: O A. $11.25 O B. Can't be determined given the information provided O C. $12.86 O D. $18.00

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 3PA

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