Economics: Principles, Problems, and Policies, 19th Edition

by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.

Published by McGraw-Hill Education

ISBN 10: 0073511447

ISBN 13: 978-0-07351-144-3

Chapter 13 - Wage Determination - Problems - Page 286: 5a

Answer

${$160}$

Work Step by Step

The cost to pay a salesperson for 8 hours is ${$160}$, while only selling one car in that time, so the labor cost per car sold is ${$160}$.

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