Input Total Physical Quantity Product 1 2.828427125 3.464101615 4 4 4.472135955 6 4.898979486 7. 5.291502622 8 5.656854249 6. 10 6.32455532 The above table gives the number of plumbers hired by Mario Brothers Plumbing and the total number of clogs they can clean per hour. If the going hourly rate for a plumber is $40 per hour and the price of unclogging someone's plumbing system is $100, what is the optimal number of plumbers for the company to hire?
Input Total Physical Quantity Product 1 2.828427125 3.464101615 4 4 4.472135955 6 4.898979486 7. 5.291502622 8 5.656854249 6. 10 6.32455532 The above table gives the number of plumbers hired by Mario Brothers Plumbing and the total number of clogs they can clean per hour. If the going hourly rate for a plumber is $40 per hour and the price of unclogging someone's plumbing system is $100, what is the optimal number of plumbers for the company to hire?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
2
![Input
Total Physical
Quantity
Product
1
2.828427125
3.464101615
4
4
4.472135955
6.
4.898979486
7.
5.291502622
8
5.656854249
10
6.32455532
The above table gives the number of plumbers hired by Mario Brothers
Plumbing and the total number of clogs they can clean per hour. If the
going hourly rate for a plumber is $40 per hour and the price of
unclogging someone's plumbing system is $100, what is the optimal
number of plumbers for the company to hire?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F140492b6-84af-441b-9894-ea5b13877cfb%2F75adaf29-895a-4c11-9c61-d4bd8f821d71%2F268ogi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Input
Total Physical
Quantity
Product
1
2.828427125
3.464101615
4
4
4.472135955
6.
4.898979486
7.
5.291502622
8
5.656854249
10
6.32455532
The above table gives the number of plumbers hired by Mario Brothers
Plumbing and the total number of clogs they can clean per hour. If the
going hourly rate for a plumber is $40 per hour and the price of
unclogging someone's plumbing system is $100, what is the optimal
number of plumbers for the company to hire?
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