Consider the Table A)2
B)3
C)4
D)5

question 23

Multiple Choice

Consider the table.If the price per unit of output is $15 and wages paid each day is $225, how many people should the firm hire to maximize profit? $$\begin{array} { | c | c | } \hline \begin{array} { c } \text { Units af } \\\text { Labdr }\end{array} & \text { Output } \\\hline 0 & 0 \\\hline 1 & 7 \\\hline 2 & 19 \\\hline 3 & 34 \\\hline 4 & 47 \\\hline 5 & 57 \\\hline\end{array}$$

• A)2
• B)3
• C)4
• D)5

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Definitions:

Abuse of Corporate Powers

Unethical or illegal use of company authority for personal gain or to manipulate or harm others.

Corporate Dissolution

The formal process of dissolving a corporation's legal existence.

Voluntary Action

An act undertaken by choice or free will, often implying a decision made without external coercion.

Board of Directors

A group of individuals elected by shareholders to oversee and make major decisions for a corporation.