A Manager in Charge of New Product Development Can Hire

question 80

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 contribution of engineers and market researchers are: Based on the above information,if the manager has an annual budget of $140,000 and currently is hiring two engineers and three market researchers,then

• A)the last dollar spent on an engineer yielded more new products than the last dollar spent on a market researcher.
• B)the last dollar spent on a market researcher yielded more new products than the last dollar spent on an engineer.
• C)he is making the correct decision because engineers make more than market researchers.
• D)he is making the correct decision because the last market researcher hired was more productive than the last engineer hired.

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Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for fight or flight response by accelerating heart rate, dilating pupils, and increasing blood flow to muscles.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for action by triggering the fight or flight response during stress.

Guilty-knowledge Test

A psychological assessment method used in criminal investigations to determine if an individual has knowledge only a guilty person could have.

Autonomic Responses

Involuntary reactions of the autonomic nervous system to stimuli, including changes in heart rate, respiration, and digestion.