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Consider the Following Table -If the Business Is Hiring Workers Under Perfectly Competitive Conditions

Question 66

Multiple Choice

Consider the following table:

 Employment 0123456 Total Product 0122230364042 Product Price ($) 3333333\begin{array} { | l | l | l | l | l | l | l | l | } \hline \text { Employment } & 0 & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Total Product } & 0 & 12 & 22 & 30 & 36 & 40 & 42 \\\hline \text { Product Price } ( \$ ) & 3 & 3 & 3 & 3 & 3 & 3 & 3 \\\hline\end{array}
-If the business is hiring workers under perfectly competitive conditions at a wage rate of $10,it will choose to employ:


A) 1 worker
B) 2 workers
C) 3 workers
D) 5 workers
E) 6 workers

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