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    Microeconomics Study Set 15
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    Exam 12: The Market for Labour and Other Factors of Production
  5. Question
    -Refer to Table 12-4
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-Refer to Table 12-4

Question 245

Question 245

Multiple Choice


-Refer to Table 12-4. What are the price and quantity of workers that result in the maximum amount of revenue Apple would earn from selling iPods?


A) $180; 1
B) $140; 2
C) $120; 2
D) $120; 4

Correct Answer:

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