Question: answer question below 10 Refer to the following table. Labor Output Price (D1) Price (D2) O O $10.00 $10.00 1 16 10.00 9.50 2 31

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10 Refer to the following table. Labor Output Price (D1) Price (D2) O O $10.00 $10.00 1 16 10.00 9.50 2 31 10.00 9.00 ints 3 45 10.00 8.50 4 58 10.00 01:16:45 7.50 5 69 10.00 6.50 6 78 10.00 5.50 eBook Assume that the labor market is perfectly competitive. Suppose the firm's product demand is given by the column labeled D1. If the wage rate is $100, the firm will achieve maximum profit by hiring workers. Multiple Choice O three O four five :. ..... ducation.com... 6:54 O /18/

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