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?

Question

asked Feb 25, 2021 192k views

1 Answer

Ken Lin · Answer 1 · 2021-03-01T14:29:18+0000

Answer:

Workers should the firm hire

Step-by-step explanation:

the formula for calculating maximizing profit

total revenue -total cost

so in this equation

considering above equation

40-5=35