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 net benefit of hiring fundraisers is largest when ______ employees are hired.
Definitions:
Value Chain
The sequence of activities an organization performs to design, produce, market, deliver, and support its product.
Periodic Analysis
The evaluation of business activities at regular, specified intervals to assess performance.
Exchange Rate
The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another.
Value Chain Management
The process of managing activities and processes to create value for the customer, from product design to final delivery.
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