Ask Question
14 September, 01:32

A competitive car wash currently hires 4 workers, who together can wash 80 cars per day. The market price of car washes is $5 per wash, and the price of workers is $60 per day. Should the car wash hire a fifth worker if the total number of washed cars would increase to 100?

+2
Answers (1)
  1. 14 September, 01:36
    0
    Hire new worker if production increases by at least his / her salary = by $60 which is equivalent to 12 extra car washes.

    Hence 80 + 12 = Answer = 92 cars per day.

    Yes he must hire a fifth worker.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A competitive car wash currently hires 4 workers, who together can wash 80 cars per day. The market price of car washes is $5 per wash, and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers