Question: This is a Numeric Entry question / It is worth 2 points / You have 3 of 3 attempts remaining / There is no attempt

 This is a Numeric Entry question / It is worth 2

This is a Numeric Entry question / It is worth 2 points / You have 3 of 3 attempts remaining / There is no attempt penalty 05 Question (2 points) See page 633 Simon is president and CEO of Simple Simon's Simple Solutions (known around town as SSSS LLC), a consulting company that specializes in finding obvious solutions to complicated problems. SSSS's production function uses only one input, a single employee, to produce solutions. Simon has estimated his production function to be given by S = _ [2, where _ is the number of hours his employee works in a week and S is the number of solutions produced. In the questions below, give your answers to two decimal places. 1st attempt Part 1 (1 point) See Hint Suppose solutions are worth $50 each and Simon pays himself $950 per week. How many hours should he work per week to maximize SSSS's profits? Part 2 (1 point) See Hint How many solutions will Simon produce when SSSS is maximizing profits? O OF 6 QUESTIONS COMPLETED SUBMIT

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