Refer to the Table The following table shows the number of calculators that can be assembled per week by various numbers of workers. If the price per calculator in a perfectly competitive product market is $8, how many workers would the firm employ if the weekly wage rate is $800?
Quantity of Number of Calculators
Labor Per Week
0 0
1 200
2 360
3 480
4 560
5 600
a. 1
b. 2
c. 3
d. 4
Answer : c. 3
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