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Business, 20.09.2020 14:01 culturedxnat

Joe Fixit has an appliance-repair business. He has more business than he can handle and wants to hire another repair person. Joe estimates that three appliances can be repaired each hour by a qualified person. Joe bills out labor at $45 per hour, but he stipulates that the minimum charge for appliance-repair estimates is $30 plus parts. What is the marginal revenue product of a qualified repair person

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Joe Fixit has an appliance-repair business. He has more business than he can handle and wants to hir...
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