The Widget Company has the following production function: $$\begin{array} { c c }
\begin{array} { c }
\text { Number of } \
\text { Workers }
\end{array} & \begin{array} { c }
\text { Number of } \
\text { Widgets Produced }
\end{array} \
\hline 0 & 0 \
1 & 9 \
2 & 17 \
3 & 24 \
4 & 30 \
5 & 35
\end{array}$$ If widgets sell for $6 each and the wage rate is $33, how many workers will the company hire?
A) 0
B) 1
C) 2
D) 4

Question

The Widget Company has the following production function: $$\begin{array} { c c } 
\begin{array} { c } 
\text { Number of } \
\text { Workers }
\end{array} & \begin{array} { c } 
\text { Number of } \
\text { Widgets Produced }
\end{array} \
\hline 0 & 0 \
1 & 9 \
2 & 17 \
3 & 24 \
4 & 30 \
5 & 35
\end{array}$$ If widgets sell for $6 each and the wage rate is $33, how many workers will the company hire?
A) 0
B) 1
C) 2
D) 4

Quizplus · Accepted Answer

The Answer of The Widget Company has the following production function: $$\begin{array} { c c } 
\begin{array} { c } 
\text { Number of } \
\text { Workers }
\end{array} & \begin{array} { c } 
\text { Number of } \
\text { Widgets Produced }
\end{array} \
\hline 0 & 0 \
1 & 9 \
2 & 17 \
3 & 24 \
4 & 30 \
5 & 35
\end{array}$$ If widgets sell for $6 each and the wage rate is $33, how many workers will the company hire?
A) 0
B) 1
C) 2
D) 4

The Widget Company Has the Following Production Function If Widgets Sell for $6 Each and the Wage Rate