1. The output of workers at a factory depends on the number of supervisors hired. The factory sells one product for $.50 each. This factory wants to decide how many supervisors to hire in the short run.

1. If the daily wage of supervisors is $500, how many supervisors should the factory hire. Show your calculations clearly.

attach local files;pdf, picture of your answer etc, from your computer)

Supervisors	Output
0	11,000
1	14,800
2	18,000
3	19,500
4	20,200
5	20,600