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

question 82

Multiple Choice

The accompanying 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 total labor cost with 4 employees is:

• A)$21,500.
• B)$22,000.
• C)$38,000.
• D)$43,121.

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Definitions:

Call Option

A monetary agreement allowing the possessor the choice, yet not the compulsion, to acquire a stock, bond, commodity, or any other asset for a prearranged price within a set interval.

Out-Of-The-Money

A term used in options trading to describe an option that has no intrinsic value. For a call option, this is when the strike price is above the market price of the underlying asset; for a put option, it's the opposite.

Exercising Option

The act of utilizing the right to buy or sell an underlying asset at a predetermined price before the expiration date.