Assume you own a churro stand. Also assume the next unit of labor that you hire produces 16 churros per hour, and the next machine you could buy makes 21 churros per hour, Assuming you were seeking to expand churro production, which should you as a profit-maximizing firm hire next

Not enough information because the cost of each resource is not given.

Explanation:

With regards to the question, there's no enough information given in order to know the factor to hire next as a profit-maximizing firm.

Even though from the question given, the machine can make more churros per hour than the next unit of labor, the coat of both resources isn't given, therefore we cannot be certain on which one to choose.

i would go with get a bachelor’s degree

hope i

-lavira : )

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.