Use the following to answer questions:
-(Table: Production of Cabinets) Look at the table The Production of Cabinets. If each cabinetmaker could be hired at no cost, how many workers would your firm employ?
A) two
B) six
C) seven
D) eight

Question

Use the following to answer questions: 
-(Table: Production of Cabinets) Look at the table The Production of Cabinets. If each cabinetmaker could be hired at no cost, how many workers would your firm employ?
A) two 
B) six 
C) seven 
D) eight

Quizplus · Accepted Answer

The firm would employ seven workers because the marginal product of labor is greater than the marginal cost of labor for the first seven workers.

Use the Following to Answer Questions