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Business, 29.12.2021 02:50 kmc3490

Omega Custom Cabinets produces and sells custom bathroom Vanities. The fim determined that if hires 10 workers. It can produce 20 vanites per week. Irithies 11 workers, it can produce 22 vanities welt sells each vanity for 5800, and it pays each of its workers $1,000 de week A. For the 11th worker, the value of marginal product of labor $1,600.
B. For the 11th worker the marginal revenue product is $2,000
C. The firm is maximizing it's profit
D, If the firm is employing 11 workers, then its profit would increase if it cut back to 10 workers

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