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1.6 The labour market (A-level only)

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Question 4

The table below shows how the number of workers employed per hour by a profit-maximising firm affects its total output per hour and the price at which it can sell that output.

Number of workersTotal output per hourPrice (£)
158.00
2117.00
3186.00
4245.50
5285.00

The firm pays its workers £25 per hour. It has no other variable costs, and its fixed costs are £5 per hour.

How many workers will the firm employ?

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1.6 The labour market (A-level only) Questions

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  2. /Economics
  3. /1.6 The labour market (A-level only)