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The Following Table Provides Information About Production at the XYZ-TV

Question 32

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The following table provides information about production at the XYZ-TV Company.  Number of Workers  TVs Produced  Marginal Product  Value of Marginal  Product 0013535$35,00026833$33,00039931$31,000412829$29,000515527$27,000\begin{array} { | c | c | c | c | } \hline \text { Number of Workers } & \text { TVs Produced } & \text { Marginal Product } & \begin{array} { c } \text { Value of Marginal } \\\text { Product }\end{array} \\\hline 0 & 0 & \cdots & \cdots \\\hline 1 & 35 & 35 & \$ 35,000 \\\hline 2 & 68 & 33 & \$ 33,000 \\\hline 3 & 99 & 31 & \$ 31,000 \\\hline 4 & 128 & 29 & \$ 29,000 \\\hline 5 & 155 & 27 & \$ 27,000 \\\hline\end{array} How many workers will the XYZ-TV Company hire if the going wage for TV production workers is $30,000?


A) 0
B) 1
C) 2
D) 3

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