Based on the production and revenue data in the above table, if the wage rate is $20 per worker, how many workers will be hired?

The period of time over which the firm can vary any of its inputs for a given production technology is called the

A) immediate run. B) very-short run. C) long run. D) very-long run. E) short run.

Explain what economists mean by rational choice and think of three choices that you've made today that are rational

What will be an ideal response?