randallrobert182 randallrobert182
  • 15-01-2020
  • Business
contestada

If the price of the product is $5 per unit and the firm must pay $40 per worker employed, how many workers should the firm hire to maximize profits?

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aahmedgondal
aahmedgondal aahmedgondal
  • 16-01-2020

Answer:

Workers should the firm hire

Explanation:

the formula for calculating maximizing profit

total revenue -total cost

so in this equation

considering above equation  

40-5=35

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