What are the potential pitfalls
Hiring Friends
As a young entrepreneur, you may soon be in the position of hiring one or more of your college friends in your own business. What are the advantages of hiring your friends? What are the potential pitfalls?
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As a young entrepreneur, you may soon be in the position of hiring one or more of your college friends in your own business and What are the potential pitfalls
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The firm receives $5 for each car washed, and the hourly wage rate for each person employed is $4.5. Assume that other costs are negligible. How many people should be employed to maximize profit.
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