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-Winnie's Car Wash Is a Perfectly Competitive Firm

Question 78

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 the wage rate is $70 per day, how many workers should Winnie employ to maximize his profit? A) 1 B) 2 C) 3 D) 4
-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 the wage rate is $70 per day, how many workers should Winnie employ to maximize his profit?


A) 1
B) 2
C) 3
D) 4

Correct Answer:

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