Table 18-B Consider the Following Daily Production Data for MadeFromScratch, Inc. MadeFromScratch

Multiple Choice

Table 18-B
Consider the following daily production data for MadeFromScratch, Inc. MadeFromScratch sells cupcakes for $3 each and pays the workers a wage of $325 per day.
-Refer to Table 18-11. Assume that MadeFromScratch is a competitive, profit-maximizing firm. If the market price of cupcakes increases from $2.00 to $2.50, how many workers would the firm then hire?

A) 2 workers
B) 3 workers
C) 4 workers
D) 5 workers