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Unit of Labor Total Product Product Price 0 0 $ 2.20 1 15 2.00 2 28 1.80 3 39 1.60 4 48 1.40 5 55

Unit of Labor Total Product Product Price 0 0 $ 2.20 1 15 2.00 2 28 1.80 3 39 1.60 4 48 1.40 5 55 1.20 6 60 1.10 Refer to the table, which gives data for a firm that is hiring labor in a purely competitive market. If the wage rate is $20, how many workers will the firm choose to employ? Multiple Choice 5 4 3 2

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