Multiple Choice
The Widget Company has the following production function.
If widgets sell for $6 each and the wage rate is $33,how many workers will the company hire?
A) 0
B) 1
C) 2
D) 4
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q70: Changes in the capital stock occur _,and
Q71: If Y = A × N ×
Q72: The labor force participation rate is the
Q73: The government announces a tax increase on
Q74: A mathematical expression relating the amount of
Q76: Suppose that Freedonia has GDP equal to
Q77: Suppose the economy's production function is Y
Q78: The real wage<br>A)is the nominal wage divided
Q79: In the production function Y = AF(K,N),A
Q80: An adverse supply shock,such as a reduced