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:

IQs

Short for Intelligence Quotients, a measure of a person's cognitive abilities in relation to their age group, expressed as a numerical score.

Premises

Premises refer to statements or ideas assumed to be true and used as the basis for constructing an argument or reasoning.

Conclusions

The end or finish of an event, process, or text, often summarizing the main points or findings.

Convergent Thinking

A cognitive process in which a person has the goal of finding a single, correct answer to a problem, as opposed to divergent thinking which involves generating multiple solutions.