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19 August, 07:51

Harry owns a barbershop and charges $6 per haircut. by hiring one barber at $10 per hour, the shop can provide 24 haircuts per eight-hour day. by hiring a second barber at the same wage rate, the shop can now provide a total of 42 haircuts per day. the mrp of the second barber is

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  1. 19 August, 11:22
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    Given the price of haircut is $6 and the rate per hour of the barber is $10

    -the shop can provide 24 haircuts / eight hr. a day by hiring one barber

    -the shop can provide 42 haircuts / eight hr. a day by hiring two barbers

    One Barber

    $6 x 24 haircuts = $144

    $144 - ($10 x 8 hrs) = $64

    Two Barbers

    $6 x 42 haircuts = $252

    $252 - ($20 x 8 hrs) = $92

    $92 - $64 = $28/2 barbers = $14

    The mrp of the 2nd barber is $14.
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