A sweatshop in California can sell socks for $0.50 a pair, and $0.10 of the price covers all nonlabor costs. If a worker can produce twenty pairs of socks per hour, how much can the sweatshop owner afford to pay the worker?
A) $4 per hour
B) $8 per hour
C) $3.75 per hour
D) $10 per hour
Correct Answer:
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