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Answer the Question on the Basis of the Information Given

Question 5

Multiple Choice

Answer the question on the basis of the information given in the following table: Employment0123456TotalProduct0122230364042 Product  Price $3333333\begin{array}{c}\begin{array}{c}\\Employment\\\hline0\\1 \\2 \\3 \\4 \\5 \\6\end{array}\begin{array}{c}Total\\Product\\\hline0\\12\\22\\30\\36\\40\\42\\\end{array}\begin{array}{c}\text { Product }\\\text { Price } \\\hline \$ 3 \\3 \\3 \\3 \\3 \\3 \\3\end{array}\end{array} Refer to the given data.If the firm is hiring workers under purely competitive conditions at a wage rate of $22,it will employ:


A) 1 worker.
B) 2 workers.
C) 3 workers.
D) 4 workers.

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