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If the Wage Is $8 and the Price of a Cupcake

Question 77

Multiple Choice

If the wage is $8 and the price of a cupcake is $4, find King Kupcake's profits at the optimal amount of labor.  Quantity of Workers 100200300400 Ouantity of Output 6509501,1501,200\begin{array} { l }\text { Quantity of Workers }&100&200&300&400\\\text { Ouantity of Output }&650&950&1,150&1,200\end{array}


A) $2,200
B) $2,600
C) $4,600
D) $5,000
E) $7,500

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