1. Cindy is a baker and runs a large cupcake shop. She has already hired 11 employees...
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1. Cindy is a baker and runs a large cupcake shop. She has already hired 11 employees and is thinking of hiring a 12th. Cindy estimates that a 12th worker would cost her $100 per day in wages and benefits while increasing her total revenue from $2,600 per day to $2,750 per day. Should Cindy hire a 12th worker? LO16.2
a. Yes.
b. No.
c. You need more information to figure this out.
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Related Book For
Microeconomics Principles, Problems, And Policies
ISBN: 9781259915727
21st Edition
Authors: Campbell McConnell
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