5. A farmer wants to hire workers to pick 1600 bags of beans. Each worker can pick 10 bags per hour and is paid $1.00 per bag. The farmer must also pay a supervisor $20 per hour while the picking is in progress. She has additional miscellaneous expenses of $8 per worker (but not for the supersivor). How many workers should she hire to minimize the total cost? What will the cost per bag picked be?

5. A farmer wants to hire workers to pick 1600 bags of beans. Each worker can pick 10 bags per hour and is paid $1.00 per bag. The farmer must also pay a supervisor $20 per hour while the picking is in progress. She has additional miscellaneous expenses of $8 per worker (but not for the supersivor). How many workers should she hire to minimize the total cost? What will the cost per bag picked be?

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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