Employs bricklayers and other skilled tradesmen

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Reference no: EM13818070

Brenda owns a construction company that employs bricklayers and other skilled tradesmen. Her firm’s MRP for bricklayers is $22.25 per hour for each of the first seven bricklayers, $18.50 for an eighth bricklayer, and $17.75 for a ninth bricklayer. Given that she is a price taker when hiring bricklayers, how many bricklayers will she hire if the market equilibrium wage for bricklayers is $18.00 per hour?

A: Eight

B: More information is required to answer this question

C: Seven

D: Nine

E: Zero

Reference no: EM13818070

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