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-Winnie's Car Wash Is a Perfectly Competitive Firm

Question 15

Multiple Choice

-Winnie's Car Wash is a perfectly competitive firm. The table above shows Winnie's total product schedule. If the price of a car wash is $4, and Winnie maximises his profit when he employs 3 workers, the wage rate is A) $50 per day. B) $30 per day. C) $70 per day. D) $25 per day.
-Winnie's Car Wash is a perfectly competitive firm. The table above shows Winnie's total product schedule. If the price of a car wash is $4, and Winnie maximises his profit when he employs 3 workers, the wage rate is


A) $50 per day.
B) $30 per day.
C) $70 per day.
D) $25 per day.

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