Raylon Inc

question 74

Multiple Choice

Raylon Inc. is in the process of recruiting a new operations manager. The human resources team has narrowed the candidate list down to two candidates but cannot come to an agreement about whom to hire. Though both candidates have the relevant qualifications for the post, one will soon be 60 years old. The other candidate is in his early thirties. Rachel, a member of the HR team, recommends hiring the older candidate, citing his years of experience and leadership ability. Tim, on the other hand, strongly recommends that the company hire the younger candidate, as he is likely to be more flexible when it comes to working. Which of the following, if true, most strengthens Rachel's argument?

• A) The job requires frequent travel around the company's six factories located across the country.
• B) Most of the employees the operations manager will be supervising are under 30 years of age.
• C) Research has shown that older workers are more prone to absenteeism for health-related issues.
• D) Almost half of the company's top managers are in the 45-65 age bracket.
• E) The company recently instituted a new production system that cuts waste by 30 percent.

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Definitions:

Marginal Rate

The additional cost or benefit associated with a small unit change in a variable or activity.

Indifference Curve

A graph representing combinations of two goods that provide the consumer with the same level of satisfaction, illustrating preferences.

Constant

A value that does not change in mathematical expressions or economic models, acting as a fixed point of reference.

Diminishing

A principle indicating that as more of a good or service is consumed, the marginal benefit to the consumer decreases.