The board of firm wanted to get value for money by employing the right number of workers….


The table of strong wanted to get rate for specie by employing the suitable prize of workers. Thus it remunerated an economist to prize the strong’s origination discharge. Based on the economist’s tidings, the table now knows that the strong’s origination discharge is consecrated by:

1.

Capital is unroving at 9unit. Suppose the strong can commission strive at a wage of GHS15 per hour and output can be sold at a expense of GHS500 per part. Determine the profit-maximizing levels of strive and output.