Manfred can hire 5 workers to maximize profits as the products are sold for $6 each and there is enough production in an hour to hire 5 workers.
Worker is an employee who works for the company, the worker is also called a labor. Labor is paid on an hourly rate, or sometimes a piece of rate is paid in which the labor is paid as much as much production is done or in other words the units are made.
If Manfred hires 5 workers each will be paid $11 per hour, if the worker works for 7 hours a day the total pay for a worker is $77 per day per employee.
The total wages for the 5 workers will be $385 ($11/hour * 7 hours a day * 5 workers).
The total for the month assuming 22 working days will be $8,470 ($11/hour * 7 hours a day * 5 workers * 22 Days)
Learn more about Labor at https://brainly.com/question/27014059
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