Dr X, an Assistant Professor at a Large State University

question 43

Multiple Choice

Dr. X, an assistant professor at a large state university, is trying to decide how to allocate the 50 hours a week she spends working among the various activities expected of an assistant professor. The professor wants to maximize her raise next year and the table shows her estimates of how time spent in each activity will contribute to her raise:

Total Amant of Rarise Fram:
$\begin{array}{cccc}\text { Hours Per Week } & \text { Research } &\text { Teaching } & \text { University Service }\\14 & \$ 200 & \$ 400 & \$ 200 \\15 & 400 & 450 & 250 \\16 & 550 & 490 & 295 \\17 & 675 & 525 & 320 \\18 & 775 & 555 & 340 \\19 & 850 & 570 & 355 \\20 & 900 & 580 & 365 \\21 & 905 & 585 & 370\end{array}$
-What is Dr. X's maximum possible raise if she works 50 hours?

• A) $1495
• B) $1600
• C) $1845
• D) $1860
• E) none of the above

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Definitions:

Source Of Cash

The origin of funds that a company or individual has, which could be operational earnings, investment returns, or financing.

Merchandise Sale

A commercial transaction where goods are sold to consumers.

Long-Term Debt

Long-term debt is loans and financial obligations lasting more than one year, often used for business expansion or large capital investments.

Stock Repurchase

A stock repurchase is when a company buys back its own shares from the marketplace, often to increase the value of remaining shares.