Multiple Choice
Upon opening a printing and copy shop, a firm budgets $40,000 for copy machines and labor. If the price of labor is $4 per hour and the firm can afford to operate its copy machine for 2,000 hours if no labor is hired, how many additional hours of labor could the firm hire if it gave up one hour of copy machine time?
A) 5/8
B) 2
C) 1/5
D) 5
E) 1/4
Correct Answer:
Verified
Related Questions
Q30: A change in the slope of the
Q31: Q32: Upon opening a printing and copy shop, Q33: When a firm has the option of