A firm operates in a perfectly competitive output market with a product price of $12. If the marginal product of the last worker employed is 3 units and the firm competes in a perfectly competitive labor market, then the wage must be ?

In a person dependent on a drug, occurs when the drug leaves his or her system quickly or for a prolonged period of time. a. addiction b. withdrawal c. independence d. relapse

Which of the following is a unit of volume measure?                 a.  bunch      b.  tablespoon      c.  gram      d.  dozen

Thayer sometimes finds it difficult to understand what his instructor is saying. he raises his hand in class and asks his instructor to elaborate on what was just said, but it rarely . what should thayer do to overcome this obstacle? a. during class, ask other students what the instructor means b. raise more questions in class c. join a study group of his peers d. try to do the best he can with the information he has