Multiple Choice
The following figure gives the total product of labor at different levels of labor use per day.The market price of the product is $10 per unit and the market wage rate is $8 per day.
-Refer to Table .The marginal product of labor is the highest when the firm hires _____ workers.
A) 5
B) 6
C) 7
D) 8
Correct Answer:

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Correct Answer:
Verified
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