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Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour?

Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour?
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3 votes
Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour?

asked
User Rabel Ahmed
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8.6k points

1 Answer

5 votes
No, it wouldn't be logical because the firm would be paying twice as much money. They could even hire two people if they wanted for the price of the one. 
answered
User Akhila
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7.5k points
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