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Based on the Table Below, How Many Workers Will the Firm

Question 125

Multiple Choice

Based on the table below, how many workers will the firm employ in order to maximize profits?  workers  Output  Product Price  Wage Rate 8100$28$3759130$28$40010162$28$42511192$28$45012220$28$47513246$28$50014270$28$25\begin{array}{l}\begin{array} { c c c c } \text { workers } & \text { Output } & \text { Product Price } & \text { Wage Rate } \\\hline 8 & 100 & \$ 28 & \$ 375 \\9 & 130 & \$ 28 & \$ 400 \\10 & 162 & \$ 28 & \$ 425 \\11 & 192 & \$ 28 & \$ 450 \\12 & 220 & \$ 28 & \$ 475 \\13 & 246 & \$ 28 & \$ 500 \\14 & 270 & \$ 28 & \$ 25\end{array}\end{array}


A) 10
B) 11
C) 12
D) 13
E) 14

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