Question: answer question below 1 8 Refer to the following table. L Labor Output Price |'__ 0 0 $2.20 ' 1 16 2.00 2 31 1.80

answer question below

1 8 Refer to the following table. L Labor Output Price |'__ 0 0 $2.20 ' 1 16 2.00 2 31 1.80 ms 3 45 1.60 E 4 58 1'40 5 69 1.20 6 78 1.00 eBook Assume that the labor market is perfectly competitive, If the wage is $11.00, how many workers will this profitmaximizing rm choose to employ? Multiple Choice 0 2 - here to search
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