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gregori [183]
3 years ago
11

Assume you own a churro stand. Also assume the next unit of labor that you hire produces 16 churros per hour, and the next machi

ne you could buy makes 21 churros per hour, Assuming you were seeking to expand churro production, which should you as a profit-maximizing firm hire next
Business
1 answer:
egoroff_w [7]3 years ago
6 0

Answer: Not enough information because the cost of each resource is not given.

Explanation:

With regards to the question, there's no enough information given in order to know the factor to hire next as a profit-maximizing firm.

Even though from the question given, the machine can make more churros per hour than the next unit of labor, the coat of both resources isn't given, therefore we cannot be certain on which one to choose.

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Generally bonuses are included in the sales contract. If an owner believes that the agent made a great job and deserves an additional bonus, the bonus should be paid to the agent's broker. When the seller is paying the additional money to the broker, they should specify that it belongs to the agent. If the bonus is actually paid to Brad and in what percentage depends on the agreement that he has with his broker.  

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