High Tech, Incorporated produces plastic chairs that sell for $18 each. The accompanying table provides information about
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High Tech, Incorporated produces plastic chairs that sell for $18 each. The accompanying table provides information about how many plastic chairs can be produced per hour.
Number of Workers | Chairs Produced Per Hour |
---|---|
0 | 0 |
1 | 12 |
2 | 21 |
3 | 27 |
4 | 30 |
5 | 31 |
For simplicity, assume that labor is the only input. How many workers will be hired if the hourly wage for workers is $80?
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