Use the Following to Answer Questions -(Table: Workers and Corn Output)Use Table: Workers and Corn Output
Multiple Choice
Use the following to answer questions :
-(Table: Workers and Corn Output) Use Table: Workers and Corn Output.Laura is a price-taking farmer who produces corn.Assume that the wage rate for workers is $125 and the price per kilogram of corn is $10.Suppose that Laura is employing 7 workers.If she reduces employment to 6 workers,her profits will:
A) increase by $20.
B) decrease by $970.
C) increase by $105.
D) increase by $90.
Correct Answer:

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Correct Answer:
Verified
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