Use the Table Below to Answer the Following Questions

question 55

Multiple Choice

Use the table below to answer the following questions.
Table 17.2.3

-Emperor Spring Rolls produces spring rolls.The market for spring rolls is perfectly competitive,and the price of a spring roll is $3.50.The labour market is competitive,and the wage rate is $28 a day.Table 17.2.3 shows the workers' total product schedule.To maximize its profit,Emperor hires ________ workers a day.

• A)2
• B)3
• C)4
• D)5

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Definitions:

ADR Contract Clauses

Provisions within a contract that mandate alternative dispute resolution methods, such as arbitration or mediation, instead of court litigation.

Litigation

The process of taking legal action or bringing lawsuits in court to resolve disputes.

Dispute

A disagreement or conflict between parties, often requiring resolution through legal or official means.

ADR Clauses

Provisions in a contract that require parties to resolve disputes through alternative dispute resolution methods, such as arbitration or mediation, instead of litigation.