Cool Breezes, Inc. produces small, personal, battery operated fans. Revenue and labor productivity data are given in the following table. The components cost $1.75. The wage rate is constant at $7.00 per hour.
a. Complete the table.
b. How many workers should Cool Breezes, Inc. employ? Why?
c. How much output should Cool Breezes produce and what price should they charge?

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The Answer of Cool Breezes, Inc. produces small, personal, battery operated fans. Revenue and labor productivity data are given in the following table. The components cost $1.75. The wage rate is constant at $7.00 per hour.
a. Complete the table.
b. How many workers should Cool Breezes, Inc. employ? Why?
c. How much output should Cool Breezes produce and what price should they charge?