Multiple Choice
refer to the following:
The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll.
-If the manager currently has three HS and three B, what must be true?
A) More customers could be served if the manager hires fewer HS and more B.
B) More customers could be served if the manager hires more HS and fewer B.
C) The manager is making the correct decision because the marginal contributions are proportionate.
D) The manager is not making the correct decision because
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Fill in the blanks in the following
Q2: Use the following graph showing the marginal
Q3: refer to the following:<br>A manager in charge
Q4: Use the following graph showing the marginal
Q6: Fill in the blanks in the following
Q7: Activity A has the following marginal (MB)
Q8: The marginal benefit and marginal cost functions
Q9: Fill in the blanks in the following
Q10: Use the following graph showing the marginal
Q11: The next questions refer to the