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Suppose that you own a restaurant and you have to choose how many experienced and novice chefs to hire for the kitchen. An experienced chef
Suppose that you own a restaurant and you have to choose how many experienced and novice chefs to hire for the kitchen. An experienced chef can cook meals per hour, while a novice chef can cook only meals per hour. Experienced chefs cost $ per hour.
True or False: If unskilled chefs cost $ per hour, you are indifferent between hiring skilled and unskilled chefs.
True
False
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