The Figure Below Shows Output of a Firm at Different

question 208

Multiple Choice

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 $3.00 per unit and the wage is $11.00 per worker,the firm's optimal choice in the short run is to hire ________ workers.

• A) 3
• B) 4
• C) 5
• D) 6

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Definitions:

Physical Surroundings

Physical surroundings refer to the environment or setting in which a person or activity is situated, including all physical conditions such as space, decor, and ambiance.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a taxonomy published by the American Psychiatric Association used for diagnosing and classifying mental disorders.

Substance Use Disorder

A mental disorder that affects a person's brain and behavior, leading to an inability to control the use of legal or illegal substances or medications.

Craving

A strong desire or urge for a specific substance or experience, often seen in the context of addiction.