Answer the question on the basis of the following information: Harry owns a barber shop and charges $8 per haircut. By hiring one barber at $20 per hour, the shop can provide 24 haircuts per eight-hour day. By hiring a second barber at the same wage rate, the shop can now provide a total of 42 haircuts per day. Refer to the given information. Harry should: not hire the second barber because he is as productive but no more than the first barber. O not hire the second barber because he will diminish profits. O hire the second barber because he will add $160 to profits. O hire the second barber because he will add $144 to profits.
