Jackson Is a Manager at the Local 'Two-Minute Bank

question 33

Multiple Choice

Jackson is a manager at the local 'Two-minute Bank'.He wants to extend the bank's operating hours by 3 more hours,but he'll have to hire one more bank teller.Jackson estimates the benefits from keeping the bank opened longer hours to be $1,900 per week,and he'll have to pay the new bank teller $700 per week.Should Jackson hire the additional bank teller? Why?

• A) Jackson should not hire the additional bank teller because the expected profit is only $1,200 per week.
• B) Jackson should not hire the additional bank teller because the expected additional benefits are greater than the expected additional costs.
• C) Jackson should hire the additional bank teller because the expected additional benefits are lower than the expected additional costs.
• D) Jackson should hire the additional bank teller because the expected additional benefits are greater than the expected additional costs.
• E) Jackson should not hire the additional bank teller because the expected additional benefits are lower than the expected additional costs.