Homework 3 part 3 - 20(2 points When comparing Scenario A to Scenario C the firm now earns profit A more B less Feedback note that the firm changes its

Homework 3 part 3 - 20(2 points When comparing Scenario A...

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20.(2 points) When comparing Scenario A to Scenario C, the firm now earns _______ profit. Table for Individual Question Feedback Points Earned: 2.0/2.0 21.SCENARIO D - In this final scenario, we again return to our original conditions (from scenario A) and consider a positive productivity shock, just like we did in the lectures. In particular, let the MPLof each worker rise by two, due to an increase in total factor productivity(denoted A in the lecture), relative to the initial conditions.For question 21, fill in Table D. Each box is worth ½ point for a total of 15 points for Table DTABLE D- The wage is $150 and the price of output (Q) is $20.

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