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

question 76

Multiple Choice

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 marginal benefit (in terms of extra donations) of the 2^nd employee is:

• A) $42,426.
• B) $21,213.
• C) $12,426.
• D) $11,337.

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Definitions:

Diversified Equity Mutual Fund

A mutual fund that invests in a wide range of equities from various sectors to reduce investment risk.

Canadian Companies

Businesses that are registered, operated or have a significant presence in Canada.

Compounded Quarterly

A method of calculating interest in which the interest is compounded quarterly, being added to the principal amount four times annually.

Annual Rate of Inflation

the percent increase in the price level of goods and services across the economy over the course of a year.