Zowie! Surfboards Has the Following Production Function If Surfboards Sold for $30 and the Nominal Wage Rate

question 5

Multiple Choice

Zowie! Surfboards has the following production function:
$$\begin{array} { c c } \begin{array} { c } \text { Number of } \\\text { Workers }\end{array} & \begin{array} { c } \text { Number of } \\\text { Surfboards Produced }\end{array} \\\hline 1 & 12 \\2 & 21 \\3 & 29 \\4 & 36 \\5 & 42 \\\hline\end{array}$$
If surfboards sold for $30 and the nominal wage rate was $200,how many workers would the firm employ?

• A)2
• B)3
• C)4
• D)5

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