Multiple Choice
The following table shows the total output per hour produced in a factory at various levels of employment of labor. The firm sells each unit of output at $2 and each worker is paid a wage of $12.
Table 5-1
-Refer to Table 5-1. How many workers should the firm employ in order to maximize profit?
A) 7
B) 6
C) 5
D) 4
E) 3
Correct Answer:

Verified
Correct Answer:
Verified
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