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Given the Following Table,how Many Workers Should Be Hired to Maximize

Question 90

Multiple Choice

Given the following table,how many workers should be hired to maximize profits?
 Labor  Marginal  Product Labor  VMP  L  Wage 18$32$100232$128$100316$64$10041$4$100512$48$100\begin{array}{|l|l|l|l|}\hline \text { Labor } & \begin{array}{l}\text { Marginal } \\\text { Product Labor }\end{array} & \begin{array}{l}\text { VMP } \\\text { L }\end{array} & \text { Wage } \\\hline 1 & 8 & \$ 32 & \$ 100 \\\hline 2 & 32 & \$ 128 & \$ 100 \\\hline 3 & 16 & \$ 64 & \$ 100 \\\hline 4 & -1 & \$-4 & \$ 100 \\\hline 5 & -12 & \$-48 & \$ 100 \\\hline\end{array}


A) 1
B) 2
C) 3
D) 4

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