The following table shows the total output 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 $32.
Table 5-1

-Refer to Table 5-1.How many workers should the firm employ in order to maximize profit?
A)8
B)7
C)4
D)5

Question

The following table shows the total output 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 $32.
Table 5-1
 
-Refer to Table 5-1.How many workers should the firm employ in order to maximize profit?
A)8 
B)7 
C)4 
D)5

Quizplus · Accepted Answer

The Answer of The following table shows the total output 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 $32.
Table 5-1
 
-Refer to Table 5-1.How many workers should the firm employ in order to maximize profit?
A)8 
B)7 
C)4 
D)5

The Following Table Shows the Total Output Produced in a Factory