Table 10.1
$$\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Quantity of } \
\text { labour }
\end{array} & \text { Output (units) } \
\hline 1 & 80 \
\hline 2 & 170 \
\hline 3 & 240 \
\hline 4 & 300 \
\hline 5 & 350 \
\hline 6 & 390 \
\hline 7 & 420 \
\hline
\end{array}$$
-Refer to Table 10.1.Suppose the output price is $3.If the wage rate is $90,the profit-maximising quantity of labour that the firm should hire is _______.

Question

Table 10.1
 $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Quantity of } \
\text { labour }
\end{array} & \text { Output (units) } \
\hline 1 & 80 \
\hline 2 & 170 \
\hline 3 & 240 \
\hline 4 & 300 \
\hline 5 & 350 \
\hline 6 & 390 \
\hline 7 & 420 \
\hline
\end{array}$$
-Refer to Table 10.1.Suppose the output price is $3.If the wage rate is $90,the profit-maximising quantity of labour that the firm should hire is _______.

Quizplus · Accepted Answer

The Answer of Table 10.1
 $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Quantity of } \
\text { labour }
\end{array} & \text { Output (units) } \
\hline 1 & 80 \
\hline 2 & 170 \
\hline 3 & 240 \
\hline 4 & 300 \
\hline 5 & 350 \
\hline 6 & 390 \
\hline 7 & 420 \
\hline
\end{array}$$
-Refer to Table 10.1.Suppose the output price is $3.If the wage rate is $90,the profit-maximising quantity of labour that the firm should hire is _______.

Table 101 -Refer to Table 10