A Manager in Charge of New Product Development Can Hire

Multiple Choice

A manager in charge of new product development can hire engineers and market researchers.The annual salary of an engineer is $40,000,while a market researcher receives $20,000.The marginal contributions of engineers and market researchers are: Based on the above information,how should the manager with an annual budget of $160,000,allocate this budget in order to maximize the number of new products developed?

A) Hire 2 engineers and 1 market researcher.
B) Hire 3 engineers and 2 market researchers.
C) Hire 4 engineers and 3 market researchers.
D) Hire 4 engineers and 1 market researcher.