Theory and Estimation Cost

5. A certain company was trying to find the optimum number of workers to hire. Assuming that the price of each unit of output is $10 and that each worker must be paid a wage of $40 per day, how many workers should be hired. Additional Data:

Workers hired: 0 1 2 3 4 5 6

Total output 0 12 22 30 36 40 42.

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