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Figure 16-1 Shows the Marginal Revenue Product for Dale's Hand-Sewn

Question 2

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Figure 16-1 shows the marginal revenue product for Dale's Hand-Sewn Doilies, a producer of linen doilies. -Refer to Figure 16-1. If the wage rate is $40, how many workers should Dale hire? A) 6 B) 5 C) 4 D) 3
Figure 16-1 shows the marginal revenue product for Dale's Hand-Sewn Doilies, a producer of linen doilies.
-Refer to Figure 16-1. If the wage rate is $40, how many workers should Dale hire?


A) 6
B) 5
C) 4
D) 3

Correct Answer:

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