2. A firm wants to expand production. Currently they use 40 workers together with four service robots. The firm added two robots four months ago and output increased by 5%. Two months ago they added ten workers and output increased by 10%. Each robot added is equivalent in cost to adding 3 workers. Should their next expansion add more workers or more robots?

Answer rating: 100% (QA)

To determine whether the firm should add more workers or more robots for its next expansion we need ... View the full answer