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Exhibit 26-5 Refer to Exhibit 26-5

Question 156

Multiple Choice

Exhibit 26-5 Exhibit 26-5 Refer to Exhibit 26-5. Assume the firm is a factor price taker and that the price of a unit of labor is constant at $1,200. The firm should hire __________ of labor. A) one unit B) two units C) three units D) four units E) five units Refer to Exhibit 26-5. Assume the firm is a factor price taker and that the price of a unit of labor is constant at $1,200. The firm should hire __________ of labor.


A) one unit
B) two units
C) three units
D) four units
E) five units

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