Consider Labour That Is Hired for $18 Per Hour

question 33

Multiple Choice

Consider labour that is hired for $18 per hour.If the last hour of labour hired produces 8 units of output which sells for $10 per unit,that labour-hour adds ________ to the firm's profit and so ________ labour should be hired.

• A)$80; more
• B)-$80; less
• C)$62; less
• D)$62; more
• E)$0; no