Question

The following table provides information about production at the XYZ-TV Company.
Number of WorkersTVs ProducedMarginal ProductValue of Marginal Product
00------
13535$35,000
26833$33,000
39931$31,000
412829$29,000
515527$27,000


How many workers will XYZ-TV Company hire if the going wage for TV production workers is $32,000?


A. 0
B. 1
C. 2
D. 3

Answer

This answer is hidden. It contains 2 characters.