E202ProblemSet9.1

E202ProblemSet9.1 - Problem Set Nine Name _ Chapter 13 1....

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Problem Set Nine Name _____________________ Chapter 13 1. Mountain Breeze supplies air filters to the retail market and hires workers to assemble the components. An air filter sells for $26, and Mountain Breeze can buy the components for each filter for $1. Sandra and Bobby are two workers for Mountain Breeze. Sandra can assemble 60 air filters each month, and Bobby can assemble 70. If the labor market is perfectly competitive, how much will Sandra and Bobby be paid? 2. Stone, Inc., owns a clothing factory and hires workers in a competitive labor market to stitch
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This note was uploaded on 02/20/2012 for the course ECON 202 taught by Professor Brightwell during the Spring '08 term at Texas A&M.

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