The table below shows the total production for varying numbers of hours worked producing yo-yos.The firm sells its product and hires its workers in competitive markets.
TABLE 13-4
-Refer to Table 13-4.If the market price of yo-yos drops to $2.50,how many worker-hours should this profit-maximizing firm hire?
A)11
B)12
C)13
D)14
E)15

Question

The table below shows the total production for varying numbers of hours worked producing yo-yos.The firm sells its product and hires its workers in competitive markets.
  TABLE 13-4
-Refer to Table 13-4.If the market price of yo-yos drops to $2.50,how many worker-hours should this profit-maximizing firm hire?
A)11 
B)12 
C)13 
D)14 
E)15

Quizplus · Accepted Answer

The Answer of The table below shows the total production for varying numbers of hours worked producing yo-yos.The firm sells its product and hires its workers in competitive markets.
  TABLE 13-4
-Refer to Table 13-4.If the market price of yo-yos drops to $2.50,how many worker-hours should this profit-maximizing firm hire?
A)11 
B)12 
C)13 
D)14 
E)15

The Table Below Shows the Total Production for Varying Numbers