1) Hawkins is on salary. His wages are going to be paid no matter what the crew size. •If Håwkins' wages double (to $80.00), what is the effect on the optimal crew size? Calculate the effecton total net revenue at the optimal crew size. What is the effect if Hawkins' wages triple (to $120)? Can you make any generalizations about the relationship between fixed cost, crew size,-and net revenue?
Mathbot Says...
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