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

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

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

Answer

$\$40$ per hour

Work Step by Step

In this problem, we are simply concerned with the total number of cars sold by workers. Out of the three options, the $40 per hour wage maximizes productivity, with the highest net average number of cars sold per worker per day at 2.5.
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