Penny's is opening a pizza parlor and needs to hire cooks. Each pizza sells for $25 and the cost of materials is $19, leaving $6 per pizza for labor costs. Using the table below, if the minimum wage is $20 how many cooks will Penny hire? Productivity Table Number of Workers Pizzas per hour MPL VMP 1 14 2 19 3 22 4 24 1 2 3 4
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MPL is the additional pizzas produced by adding one more worker. Worker 1: 14 pizzas Worker 2: 19 pizzas (19 - 14 = 5 additional pizzas) Worker 3: 22 pizzas (22 - 19 = 3 additional pizzas) Worker 4: 24 pizzas (24 - 22 = 2 additional pizzas) Show more…
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