# Table for individual question feedback points earned

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Table for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):
8.(2 points) When comparing Scenario A to Scenario B, the firm now hires _______ workers.
Table for Individual Question FeedbackPoints Earned:2.0/2.0
9.(2 points) When comparing Scenario A to Scenario B, the firm now produces _____ output.
Table for Individual Question FeedbackPoints Earned:2.0/2.0
10.(2 points) When comparing Scenario A to Scenario B, the firm now earns _______ profit.
Table for Individual Question FeedbackPoints Earned:2.0/2.0
11.SCENARIO C- We return to the original conditions (from scenario A) and now we let wages
.
For question 11. Fill in Table C- Each box is worth ½ point for a total of 6 points for Table CTABLE C- The wage has changed to \$130 but the price of output (Q) is back at its original value of \$20.L QMPLMRPMarginal ProfitTotal Profit0 0----------------------01 88\$160\$\$2 20 12\$240\$\$3 28 8\$160\$\$4 35 7\$140\$\$5 41 6\$120\$\$6 45 4\$80\$\$Table for Individual Question FeedbackPoints Earned:6.0/6.0Correct Answer(s):Box 1: 30;Box 2: 30;Box 3: 110;Box 4: 140;Box 5: 30;Box 6: 170;Box 7: 10;Box 8: 180;Box 9: -10;Box 10: 170;Box 11: -50;Box 12: 12012.30301101403017010180-10170-50120
Use Scenario C/Table C to answer the questions 12 – 14 below.(3 points) The profit maximizing output is .Table for Individual Question FeedbackPoints Earned:3.0/3.0
13.(3 points) The profit maximizing level of labor input is workers.Table for Individual Question FeedbackPoints Earned:3.0/3.0