The owner of a salon believes the relationship between the number of customers served and the number
Question: The owner of a salon believes the relationship between the number of customers served and the number of hairstylist employed is Q = -10+15L-L2 where Q is the number of customers served per hour and L is the number of stylists employed. The wage rate is $10/hour and the price of a hairstyle is $30. The other inputs like hair products, scissors, and water add up to $100/hr.
A.) How many stylists should be employed to maximize profit?
B.) What will be the salon's hourly profit at this level?
Price: $2.99
Solution: The downloadable solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
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