Use the Accompanying Table, Which Depicts the Worker Productivity of King

question 113

Multiple Choice

Use the accompanying table, which depicts the worker productivity of King Kupcake, to answer the questions that follow.

-If the wage is $8 and the price of a cupcake is $4,find King Kupcake's profits at the optimal amount of labor.

• A) $2,200
• B) $2,600
• C) $4,600
• D) $5,000
• E) $7,500

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