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A firm pays Pam $40 per hour to assemble personal computers. Each day, Pam can assemble 4 computers if she works 1 hour, 7 computers if she works 2 hours, 9 computers if she works 3 hours, and 10 computers if she works 4 hours. Pam cannot work more than 4 hours day. Each computer consists of a motherboard, a hard drive, a case, a monitor, a keyboard, and a mouse. The total cost of these parts is $600 per computer. If the firm sells each computer for $625, then how many hours a day should the firm employ Pam to maximize its net benefit from her employment?
Deficit
An economic condition when a government's expenditures exceed its revenues, leading to borrowing or spending reserves.
National Debt
The sum of funds that a nation's government has acquired through different borrowing methods.
Deficit
A financial situation where expenses exceed revenues, income, or assets for a certain period, often referring to government budgets.
Federal Budget Deficit
The financial situation where the government's expenditures exceed its revenues in a given fiscal year, leading to borrowing.
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