WeRSmart is a research support organization that provides data and accuracy services to a variety of publishing houses. The industry is perfectly competitive and hires workers from a competitive labor market. The grid below provides information on the number of data reports WeRSmart can produce, given the number of workers it hires. L Q 1 10 20 3 29 4 37 43 6 47 A. If the price for data reports is $75 each and the weekly wage for workers is $650, how many workers should WeRSmart hire? 1 2 3 4 5

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WeRSmart is a research support organization that provides data and accuracy services to a
variety of publishing houses. The industry is perfectly competitive and hires workers from a
competitive labor market. The grid below provides information on the number of data reports
WeRSmart can produce, given the number of workers it hires.
L
Q
1
10
2
20
3
29
4
37
43
6
47
If the price for data reports is $75 each and the weekly wage for workers is $650, how
many workers should WeRSmart hire?
A.
1
2
3
4
6.
OO0OO O O
Transcribed Image Text:WeRSmart is a research support organization that provides data and accuracy services to a variety of publishing houses. The industry is perfectly competitive and hires workers from a competitive labor market. The grid below provides information on the number of data reports WeRSmart can produce, given the number of workers it hires. L Q 1 10 2 20 3 29 4 37 43 6 47 If the price for data reports is $75 each and the weekly wage for workers is $650, how many workers should WeRSmart hire? A. 1 2 3 4 6. OO0OO O O
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