Bill is trying to convince the owner of a pizza shop to hire him.He argues that he could help the shop sell an additional five pizzas per day at the market price of $8 each.If the facts are not in dispute,but the owner does not hire him,then

Question

Quizplus · Accepted Answer

If Bill can help sell an additional five pizzas per day at $8 each, then he would increase the shop's revenue by $40 per day. Therefore, the owner would only want to hire Bill if his wage rate is less than $40 per day. If the owner chooses not to hire Bill, it means that the wage rate must be more than $40 per day. Therefore, the correct answer is (C).

Bill Is Trying to Convince the Owner of a Pizza