$\text { Table } 31.1$ Table 311 Shows the Number of Workers a Firm Is Willing

question 63

Multiple Choice

$\begin{array}{cc}\begin{array}{cc}\\\begin{array}{c}\text { Wage nate } \\\text { (dollars per hour) }\end{array} & \begin{array}{c}\text { Labor demanded } \\\text { (workers) }\end{array} \\\hline \$ 26 & 0 \\22 & 2 \\18 & 4 \\14 & 6 \\10 & 8\end{array}\begin{array}{cc}\text{Total labor}\\\text{cost-hourly}&\text{Marginal wage}\\\text{(dollars per hour) }&\text{(dollars per worker) }\\\hline-&....\\-&-\\-&-\\-&-\\-&-\end{array}\end{array}$
$\text { Table } 31.1$ Table 31.1 shows the number of workers a firm is willing to hire per hour at different wage rates.Complete the table by computing the total wage bill (total labor cost) and the marginal wage.Assume the union collects dues of 1 percent of the total wage bill.How many workers would the union want hired in Table 31.1 if its goal was to maximize the amount of dues collected?

• A) 2.
• B) 4.
• C) 6.
• D) 8.

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