Answer to Question #70397 in Macroeconomics for priyanka
acme can get $5 for each widget it produces. how many workers it will hire if the nominal wage is $38?
Acme can hire 1 worker, since MRPN ($40) is greater than W ($38) at N = 1. It is not recommended to hire 2 workers, since MRPN ($35) < W ($38) at N = 2.