Refer to the given data. If the market wage rate is $5 and the firm hires its profit-maximizing number of workers, the firm's total revenue will exceed its total wage payment by
A)$70.
B)$25.
C)$45.
D)$15.

Question

Refer to the given data. If the market wage rate is $5 and the firm hires its profit-maximizing number of workers, the firm's total revenue will exceed its total wage payment by
A)$70. 
B)$25. 
C)$45. 
D)$15.

Quizplus · Accepted Answer

The Answer of  Refer to the given data. If the market wage rate is $5 and the firm hires its profit-maximizing number of workers, the firm's total revenue will exceed its total wage payment by
A)$70. 
B)$25. 
C)$45. 
D)$15.

Refer to the Given Data