Question: Labour Output (workers) (units) 0. 0 1. 5 2 11 3 18 4 26 5 32 6 37 7. 41 8 44 9. 46 10

Labour Output

(workers) (units)

0. 0

1. 5

2 11

3 18

4 26

5 32

6 37

7. 41

8 44

9. 46

10 47

77) Refer to Table 18.2.1. If the firm can sell all the output it wants for the price of $4 a unit, what is the profit-maximizing number of workers if the wage rate is $12?

A) 6 B) zero C) 10 D) 4 E)

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