Multiple Choice
Use the following to answer questions:
-(Table: Workers and Corn Output) Look at the table Workers and Corn Output. Laura is a price-taking farmer who produces corn. Assume the wage rate for workers is $250 and the price per bushel of corn is $20. Laura should hire _____ workers to maximize profits.
A) one
B) two
C) four
D) seven
Correct Answer:

Verified
Correct Answer:
Verified
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