Upon opening a printing and copy shop, a firm budgets $40,000 for copy machines and labor. The firm can operate its copy machine for 2,000 hours if it doesn't hire any labor. What is the hourly wage the firm must pay?
A) $1.25
B) $2.50
C) $5
D) $8
E) It is impossible to tell from the information given.

Question

Quizplus · Accepted Answer

The problem does not provide information on the cost of the copy machines or how the $40,000 budget is allocated between machines and labor, so it is impossible to determine the hourly wage.

Upon Opening a Printing and Copy Shop, a Firm Budgets