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Use the Table Below to Answer the Following Questions

Question 4

Multiple Choice

Use the table below to answer the following questions.
Table 18.2.1
Use the table below to answer the following questions. Table 18.2.1    -Refer to Table 18.2.1. If the firm can sell all the output it wants for the price of $5 a unit, what is the profit-maximizing number of workers if the wage rate is $30? A) 1 B) 3 C) 5 D) 6 E) 7
-Refer to Table 18.2.1. If the firm can sell all the output it wants for the price of $5 a unit, what is the profit-maximizing number of workers if the wage rate is $30?


A) 1
B) 3
C) 5
D) 6
E) 7

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