Refer to the Information Provided in Figure 10

question 191

Multiple Choice

Refer to the information provided in Figure 10.1 below to answer the question(s) that follow. Figure 10.1
-Refer to Figure 10.1. This firm is currently hiring 16 workers and paying a wage of $10. This firm should

• A) do nothing because it is maximizing profits.
• B) reduce employment to 15 workers to increase profits.
• C) reduce employment to 14 workers to increase profits.
• D) increase employment to 17 workers to increase profits.