Harry owns a barbershop and charges $6 per haircut. by hiring one barber at $10 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. the mrp of the second barber is

Given the price of haircut is $6 and the rate per hour of the barber is $10

-the shop can provide 24 haircuts/ eight hr. a day by hiring one barber

-the shop can provide 42 haircuts/ eight hr. a day by hiring two barbers

One Barber                                            

$6 x 24 haircuts = $144

$144 – ($10 x 8 hrs) = $64

Two Barbers

$6 x 42 haircuts = $252

$252 – ($20 x 8 hrs) = $92

$92 - $64 = $28/2 barbers = $14 

The mrp of the 2nd barber is $14.

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