(Table: Short-Run Production Function I) the Table Shows the Short-Run

question 5

Multiple Choice

(Table: Short-run Production Function I) The table shows the short-run production function for a competitive firm. Assuming the firm sells its output for $20 per unit and workers earn a market wage of $160 per day, the firm should hire ____ workers.

• A) 8
• B) 7
• C) 6
• D) 5

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