Figure 18-1 on the Graph, L Represents the Quantity of Labor and Labor

question 529

Multiple Choice

Figure 18-1
On the graph, L represents the quantity of labor and Q represents the quantity of output per week.
-Refer to Figure 18-1. Suppose the firm sells its output for $20 per unit, and it pays each of its workers $1,250 per week. The firm maximizes profit by hiring

• A)3 workers.
• B)4 workers.
• C)5 workers.
• D)6 workers.

---

Definitions:

Presentation Theme

A coordinated set of design elements and color schemes applied to slides in a presentation to ensure a consistent aesthetic look.

Formatting Characteristics

Attributes or properties that determine the appearance of data and objects, such as font size, color, and alignment.

Color Gallery

A collection or palette of colors available for selection in software applications, often used for design or formatting purposes.

Formatting Combinations

Various ways in which text, data, or content can be styled or arranged using multiple formatting options together.