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Consider the following table showing two possible production technologies that can be used to staff the reception desk at a doctor's office. Live receptionists can
Consider the following table showing two possible production technologies that can be used to staff the reception desk at a doctor's office. Live receptionists can check-in clients or computers can be used for clients to self-check-in. If the cost of receptionists is $ 150 per worker per day, and the cost of computers is estimated at $ 80 per computer, what is the number of workers that minimizes the firm's cost of production? Doctors office reception Capital Total Cost Production technology A 2 computers $ 610 Production technology B 5 computers $ 700
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