Table 18-12 The Table Displays Data for a Small, Competitive, Profit-Maximizing Firm

Multiple Choice

Table 18-12
The table displays data for a small, competitive, profit-maximizing firm that produces and sells envelopes. The time frame is one week.
-Refer to Table 18-12. Suppose the firm sells each box of envelopes that it produces for $6. The firm would not be interested in hiring a third worker unless the wage fell from its current level of $600 to what level?

A) $564
B) $557
C) $554
D) $551