The Manager of the Customer Service Department at a Bank

question 65

Multiple Choice

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. Given the above info,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 bachelor's degree holders are more productive at all levels of customer served. .

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Definitions:

Solid Coating

A layer of solid material applied to a surface for protection, decoration, or functional purposes.

Liquid

A state of matter that is fluid, conforms to the shape of its container, and retains a (nearly) constant volume independent of pressure.

Different Materials

Varying substances or compounds with distinct physical and chemical properties used in various applications.

Chromatography

A method used to separate and analyze components of a mixture by passing it through a medium where components move at different rates.