Table 116 -Refer to Table 11

question 47

Multiple Choice

Table 11.6
$$\begin{array} { | c | c | c | c | } \hline \text { Units of Labor } & \text { Total Product } & \text { Marginal Product } & \begin{array} { c } \text { Price of } \\\text { Watch } ( \$ ) \end{array} \\\hline 1 & 10 & 10 & 6 \\\hline 2 & 19 & 9 & 6 \\\hline 3 & 22 & 3 & 6 \\\hline 4 & 24 & 2 & 6 \\\hline 5 & 25 & 1 & 6 \\\hline\end{array}$$
-Refer to Table 11.6 for the data of a firm that produces watches.If the firm's marginal resource cost of labor is constant at $18 per unit of labor,at the profit-maximizing level of output,the firm will hire _____ of labor.

• A)one unit
• B)two units
• C)three units
• D)four units
• E)five units

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