José,a Corn Farmer Operating in a Perfectly Competitive Market,pays His

Multiple Choice

José,a corn farmer operating in a perfectly competitive market,pays his workers $8 an hour.At his current level of labour use,the marginal product of an additional hour of labour is 3 kilograms of corn.The market price of corn is $2.75.To maximize his profits,Jose should:

A) hire more labour.
B) hire less labour.
C) not change the amount of labour.
D) This question cannot be answered without knowing the average product of labour.