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

question 15

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.Which of the following wages, in Table 31.1, would allow the most workers to be hired?

• A) $10 per hour.
• B) $14 per hour.
• C) $18 per hour.
• D) $22 per hour.

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