Table 12.1
-Refer to Table 12.1.Suppose the output price is $3.If the firm represented in the table is maximising its profit by hiring six workers, the wage rate is
A)$120
B)$65
C)$40
D)There is insufficient information to answer the question.

Question

Table 12.1 
-Refer to Table 12.1.Suppose the output price is $3.If the firm represented in the table is maximising its profit by hiring six workers, the wage rate is
A)$120 
B)$65 
C)$40 
D)There is insufficient information to answer the question.

Quizplus · Accepted Answer

The Answer of Table 12.1 
-Refer to Table 12.1.Suppose the output price is $3.If the firm represented in the table is maximising its profit by hiring six workers, the wage rate is
A)$120 
B)$65 
C)$40 
D)There is insufficient information to answer the question.

Table 12.1 -Refer to Table 12.1.Suppose the Output Price Is $3.If the Is