A profit-maximizing firm operates in purely competitive product and resource markets, with the resource and production schedules shown in the table. The product price is $15 per unit and the cost per worker is $540. How many workers will the firm employ?
A)5
B)6
C)8

Question

A profit-maximizing firm operates in purely competitive product and resource markets, with the resource and production schedules shown in the table.  The product price is $15 per unit and the cost per worker is $540. How many workers will the firm employ?
A)5 
B)6 
C)8

Quizplus · Accepted Answer

The Answer of A profit-maximizing firm operates in purely competitive product and resource markets, with the resource and production schedules shown in the table.  The product price is $15 per unit and the cost per worker is $540. How many workers will the firm employ?
A)5 
B)6 
C)8

A Profit-Maximizing Firm Operates in Purely Competitive Product and Resource