Given the Following Table,how Many Workers Should Be Hired to Maximize

question 90

Multiple Choice

Given the following table,how many workers should be hired to maximize profits?
$\begin{array}{|l|l|l|l|}\hline \text { Labor } & \begin{array}{l}\text { Marginal } \\\text { Product Labor }\end{array} & \begin{array}{l}\text { VMP } \\\text { L }\end{array} & \text { Wage } \\\hline 1 & 8 & \$ 32 & \$ 100 \\\hline 2 & 32 & \$ 128 & \$ 100 \\\hline 3 & 16 & \$ 64 & \$ 100 \\\hline 4 & -1 & \$-4 & \$ 100 \\\hline 5 & -12 & \$-48 & \$ 100 \\\hline\end{array}$

• A) 1
• B) 2
• C) 3
• D) 4

---

Definitions:

Emotional Involvement

The degree to which an individual is emotionally engaged or invested in an activity, task, or relationship.

Jargon

Specialized language used by a particular profession or group, often difficult for outsiders to understand.

Intellectual Stimulation

The degree to which leaders encourage followers to think critically and independently, fostering innovation and creativity.

Exit Interviews

A process through which an organization gathers feedback from departing employees to improve work conditions and retain talent.