If wages in the restaurant is \$12.00 per hour and the price of a Hamburger is \$4.00 and the production function for the workers is: Q = 4L - 0.5L2 a....
Question

# If wages in the restaurant is \$12.00 per hour and the price of a Hamburger

is \$4.00 and the production function for the workers is:
Q = 4L - 0.5L2
a. How many workers should Your Restaurant employ during the lunch hour to maximize profits?
1 Point
(note—the value of the marginal product of labor and the marginal revenue product are the same)
We maximize profits which are total revenues less total costs:

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Step-by-step explanation
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