More or Fewer Deliveries?
More or Fewer Deliveries? Consider a delivery firm that delivers packages by bicycle, charging $13 per package and paying each of its workers $12 per hour. One day, one of the workers was two hours late to work, and the number of packages delivered that day decreased by one package. a. The tardiness of the worker ▼ increased decreased the firm’s profit. b. Based on the new information provided by the tardy worker, the firm should produce fewer deliveries by reducing its workforce because the marginal cost is ▼ less than equal to greater than the price.
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