# Wanda's is a fish store that hires students to pack the fish. The table shows the...

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Wanda's is a fish store that hires students to pack the fish. The table shows the amounts of fish that students can pack. The fish market is competitive and the price of fish is 50¢ a kilogram. The market for packers is competitive and their market wage rate is $10 an hour. Value of marginal product Number of students Quantity of fish (kilograms per hour) 90 (dollars per hour) At Wanda's fish store, packers' wages increase to$10 an hour, but the price of fish remains at 50¢ a kilogram. 15 What happens to the value of marginal product of labour? What happens to Wanda's demand for labour curve? How many students does Wanda's employ? 120 145 Calculate the value of marginal product of the students and fill in the right column of the table. >>> Answer to 1 decimal place. When the wage rate rises from $7.50 to$10.00 an hour, the value of marginal product and Wanda's demand for labour curve 165 - 180 O A. does not change; does not change O B. does not change; shifts rightward O C. increases; shifts rightward O D . decreases; shifts leftward students a day. When the wage rate is $10.00 an hour, Wanda's employs >>> Answer to 1 decimal place. Wanda's is a fish store that hires students to pack the fish. The table shows the amounts of fish that students can pack. The fish market is competitive and the price of fish is 50¢ a kilogram. The market for packers is competitive and their market wage rate is$10 an hour. Value of marginal product Number of students Quantity of fish (kilograms per hour) 90 (dollars per hour) At Wanda's fish store, packers' wages increase to $10 an hour, but the price of fish remains at 50¢ a kilogram. 15 What happens to the value of marginal product of labour? What happens to Wanda's demand for labour curve? How many students does Wanda's employ? 120 145 Calculate the value of marginal product of the students and fill in the right column of the table. >>> Answer to 1 decimal place. When the wage rate rises from$7.50 to $10.00 an hour, the value of marginal product and Wanda's demand for labour curve 165 - 180 O A. does not change; does not change O B. does not change; shifts rightward O C. increases; shifts rightward O D . decreases; shifts leftward students a day. When the wage rate is$10.00 an hour, Wanda's employs >>> Answer to 1 decimal place.

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