Multiple Choice
Table 18-2
-Refer to Table 18-2. The table shows the number of bracelets that can be assembled per week by various numbers of workers. If the price per bracelet in a perfectly competitive product market is $5, how many workers would the firm employ if the weekly wage rate is $375?
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
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