Suppose that there are two types of workers: \”Quicks\”” and \””Slows\””. Quicks can earn $36 per hour in alternative employment, while Slows can earn…”

Suppose that there are two types of workers: “Quicks” and “Slows”. Quicks can earn $36 per hour in alternative employment, while Slows can earn $20. Quicks can produce 20 widgets per hour, while Slows can produce 8 widgets per hour. which is the best type of worker for the firm to hire?

Suppose that there are two types of workers: "Quicks"and "Slows". Quicks can earn $36 per hour in alternative employment, whileSlows can earn $20. Quicks can produce 20…