Use the Table to Answer the Following Question

question 56

Multiple Choice

Use the table to answer the following question.
If the market wage rate is $130 per week, how many workers should be employed if the firm wants to maximize profit?

• A)3
• B)4
• C)5
• D)6 or more

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Definitions:

Leveling Mechanisms

Practices and processes in societies that function to reduce inequality and distribute wealth and power more equally among members.

Collective Well-Being

The health, happiness, and prosperity of a group considered collectively, rather than the individual well-being of its members.

Culture

A complex whole which includes knowledge, belief, art, morals, law, custom, and any other capabilities and habits acquired by humans as members of society.

Environmental Limitations

Natural or human-made conditions that restrict or shape the growth, survival, and distribution of organisms and the development of ecosystems.