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The Widget Company Has the Following Production Function If Widgets Sell for $6 Each and the Wage Rate

Question 54

Multiple Choice

The Widget Company has the following production function:  Number of  Workers  Number of  Widgets Produced 0019217324430535\begin{array} { c c } \begin{array} { c } \text { Number of } \\\text { Workers }\end{array} & \begin{array} { c } \text { Number of } \\\text { Widgets Produced }\end{array} \\\hline 0 & 0 \\1 & 9 \\2 & 17 \\3 & 24 \\4 & 30 \\5 & 35\end{array} 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

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