Question 13 (1 point)

A firm currently employs 40 production workers and 5 supervisors. The marginal product of the last production worker employed is 36 units of output per hour and production workers are paid $8 per hour. The marginal product of the last supervisor employed is 120 units of output per hour and supervisors are paid $20 per hour. Every employee works 40 hours per week. Is this firm minimizing the total labor cost for producing its current level of output?

Question 13 options:

a)	No, it could lower total labor costs and keep output constant by using less production workers and more supervisors.

b)	No, it could lower total labor costs and keep output constant by using more production workers and fewer supervisors.

c)

Yes,