Multiple Choice
A profit-maximizing firm's daily total revenue is $155 with 3 workers, $200 with 4 workers, and $230 with 5 workers. The cost of each worker is $40 per day. The firm should
A) not hire a fourth worker.
B) hire four workers.
C) hire five workers.
D) hire more than five workers.
Correct Answer:
Verified
Correct Answer:
Verified
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