The figure below shows output of a firm at different number of workers. Payment to workers is the only variable cost of the firm.
-Refer to the figure above.If the price of the output is $5.00 per unit and the wage is $30 per worker,the firm's optimal choice in the short run is to hire ________ workers.
Definitions:
Permanent
A characteristic of something that is intended to last or continue indefinitely, without change or cessation.
Internet Service Provider
A company that offers users access to the Internet, often also providing related services such as web hosting and email.
Modem
A device that modulates and demodulates signals for sending and receiving data over telephone lines or cable.
Protocol
A set of rules governing the exchange or transmission of data between devices.
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