$+100$ pts

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$1200$

Question $1$ of $2$

The Core Principles of Economics $-$ Work It Out

Aliyah is preparing to expand her IT consulting company.

The current market rate for IT professionals is $$58,000$ per Eyear. Each employee she hires will also require a computer ${\displaystyle \underset{{\displaystyle \underset{?}{\overset{?}{}}}}{\overset{}{}}}$ and equipment that costs $$6,000$ per employee annually.

$($c$)$ Hiring more employees means that Aliyah can provide consulting services to more clients each year. Each client

$\backslash$table$[[$Number of workers,Clients per year$],[0,0],[1,11],[2,20],[3,27],[4,32]]$

Aliyah has will pay her $$15,000$ per year. The number of clients Aliyah can take on depends on the number of workers she hires as shown in the accompanying table.

What is the marginal cost $($MC$)$ and marginal benefit $($MB$)$ of hiring each worker? Using the rational rule to maximize her economic surplus, how many workers should Aliyah hire?