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The Table Below Shows How Total Donations, Average Donations, Total

question 79

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The table below shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities. The table below shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities.   The Chair of the Economics Department at State U says that fundraising employees should be hired as long as their marginal benefit exceeds their marginal cost.If the University follows this advice, then ______ employee(s)  will hired, and the net benefit (total donations minus total labor costs)  will be ______. A) 1; $22,000 B) 2; $25,426 C) 3; $25,426 D) 2; $3,476 The Chair of the Economics Department at State U says that fundraising employees should be hired as long as their marginal benefit exceeds their marginal cost.If the University follows this advice, then ______ employee(s) will hired, and the net benefit (total donations minus total labor costs) will be ______.


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