Figure 18-2 The Figure Below Shows the Production Function for a Particular

question 563

Multiple Choice

Figure 18-2
The figure below shows the production function for a particular firm.
-Refer to Figure 18-2. Suppose the firm pays a wage equal to $160 per unit of labor and sells its output at $10 per unit. How many units of labor should the firm hire to maximize profit?

• A)2 units
• B)3 units
• C)4 units
• D)5 units

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Negative 1.0

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