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    Principles of Microeconomics Study Set 10
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    Exam 18: The Markets for the Factors of Production
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    Table 18-1 -Refer to Table 18-1. Suppose That the Firm Pays Its
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Table 18-1 -Refer to Table 18-1. Suppose That the Firm Pays Its

Question 290

Question 290

Multiple Choice

Table 18-1 Table 18-1   -Refer to Table 18-1. Suppose that the firm pays its workers $45 per day. Each unit of output sells for $10. How many days of labor should the firm hire? A) 1 B) 2 C) 3 D) 4
-Refer to Table 18-1. Suppose that the firm pays its workers $45 per day. Each unit of output sells for $10. How many days of labor should the firm hire?


A) 1
B) 2
C) 3
D) 4

Correct Answer:

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