17. Again, consider the graph to the right. Suppose the wage rate is $600 week, and price of the output is $10 per unit. If the firm is producing 1,000 units of output per week optimally, its weekly profit is:
$5,000
$4,000
$10,000
$500
The isn't enough information to answer the question.
17. Again, consider the graph to the right. Suppose the wage rate is $600 week, and price of the output is $10 per unit. If the firm is producing 1,000 units of output per week optimally, its weekly profit is:
